Types of business collaborations - SS1 Commerce Past Questions and Answers - page 1
What is a consortium?
Collaboration between multiple companies
Agreement between competing companies
Collaboration between multiple companies
Which of the following is considered illegal and anti-competitive?
Consortium
Cartel
Amalgamation/merger
What is the purpose of amalgamation/merger?
To join companies and create a stronger entity
To restrict competition
To exercise control over subsidiary companies
What is a trust holding?
Collaboration between multiple companies
Agreement between competing companies
Organization that controls multiple companies
Which business arrangement can involve sharing risks, costs, and knowledge?
Consortium
Cartel
Amalgamation/merger
State one key difference between a cartel and a consortium.
A cartel involves anti-competitive practices, while a consortium involves collaboration for a specific project or venture.
Name one benefit of amalgamation/merger.
Increased market presence and improved efficiency.