What is a consortium?
A)the ownership of a company by a government and a foreign company
B)an agreement signed by most governments to protect intellectual property rights
C)an international joint venture owned by at least three organizations
D)an agreement between two or more governments to provide for reciprocal foreign investment protection

Question

Quizplus · Accepted Answer

A consortium is a type of international joint venture where at least three organizations come together to pursue a common goal, such as a business project or research initiative. In a consortium, the participating organizations remain independent, but work together to achieve their objectives. Often, each organization brings its own unique expertise and resources to the consortium.

What Is a Consortium