Types of business collaborations - SS1 Commerce Past Questions and Answers - page 1

1

What is a consortium?

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A

Collaboration between multiple companies

B

Agreement between competing companies

C

Collaboration between multiple companies

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2

Which of the following is considered illegal and anti-competitive?

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A

Consortium

B

Cartel

C

Amalgamation/merger

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3

What is the purpose of amalgamation/merger?

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A

To join companies and create a stronger entity

B

To restrict competition

C

To exercise control over subsidiary companies

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4

What is a trust holding?

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A

Collaboration between multiple companies

B

Agreement between competing companies

C

Organization that controls multiple companies

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5

Which business arrangement can involve sharing risks, costs, and knowledge?

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A

Consortium

B

Cartel

C

Amalgamation/merger

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6

State one key difference between a cartel and a consortium.

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7

Name one benefit of amalgamation/merger.

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