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Work streams
tasks
As in...
"X and Y are planning to engage in several work streams including joint sales and marketing, solutions collaboration, and corporate citizenship initiatives"
In action... http://www.microsoft.com/presspass/press/2010/feb10/02-17msqtelalliancepr.mspx
Actually, this definition sucks. Let me add my own. You can also share "work streams" with a friend or share it on Twitter.
