Question 81
Business CombinationsWhich of the following is specifically formed to finance projects that are too large for a single firm to undertake?
- A.Trusts
- B.Merger
- C.Holding company
- D.Cartel
- E.Consortium
Show the answer and explanation
Answer: E (Consortium)
Explanation
A consortium is a temporary grouping of firms to undertake a project too big for one of them.