Current Attempt in Progress Companies have realized thatwhile internal competition is good, excessive competition may be negative and harm the company's interests by being destructive. How can companies reduce their costs by encouraging collaboration among divisions? 0 By requiring divisions to share design and marketing resources as well as collectively negotiating with suppliers, along with sharing staff between them based on needs. 0 By hiring only those people that have no desire to move up and be competitive. 0 By encouraging more social meetings after work among employees, including company picnics and Xmas events. 0 By eliminating divisions and putting all employees and managers into one division with a single organizational budget. eTextbook and Media Save for Later Attempts: 0 of 3 used