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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

2
Which of the following is considered illegal and anti-competitive?
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A

Consortium

B

Cartel

C

Amalgamation/merger

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

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

5
Which business arrangement can involve sharing risks, costs, and knowledge?
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A

Consortium

B

Cartel

C

Amalgamation/merger

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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