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What is another word for consortium?
Consortium, an association of two or more individuals. Another word for this is organization, company, coalition, alliance, group, mob, outfit, cartel, government, syndicate, corporation, gang. Consortium is a Latin word meaning 'partnership, society or association'.
What is a cartel and is such merger profitable?
A cartel is a joing of all business of same sort to form a single business. Cartel mergers are profitable. For example there are three firms which behave as a cartel, if all firms collude to act as a single firm, the merger will be profitable in oligopolistic industries. It will ensure the firm will gain an economic profit and will eventually drive off the weaker firm and the price benifit will go to consumers. (Term cartel is used when similar businesses merge to form a single business, a monopoly).
When businesses join together to pool their resources they form an organization called a?
When businesses join together to pool their resources, they form an organization called a consortium.
Is cartel masculine or feminine?
Is cartel masculine or feminine
When was Cutter Consortium created?
Cutter Consortium was created in 1986.
When was Atlas Consortium created?
Atlas Consortium was created in 2005.
When was WIDA Consortium created?
WIDA Consortium was created in 2002.
When was ACAC consortium created?
ACAC consortium was created in 2002.
When was London Consortium created?
London Consortium was created in 1993.
What is the plural form of consortium?
The plural of consortium can be either consortia or consortiums.
How would you use consortium in a sentence?
The building was purchased by a consortium of investors.
Why cartel fails?
cartel is formed by few sellers when they want to maximise profit ,what is the advantage of forming a cartel?
