BuildTow, a construction company based in the country of Neora; Kchneidan Electric, an energy company based in the country of Rhothaa; and Ginnerad, a solar support company based in the country of Ramanbia have teamed up to build the largest solar park in Rhothaa for Neojen Powers, a Rhothaan-based renewable energy company. In the context of using internationalization entry tactics, these firms have entered a(n) _____ in this scenario.
A) consortium
B) ad-hoc relationship
C) proprietorship
D) franchising agreement

Question

Quizplus · Accepted Answer

In this scenario, the companies have formed a consortium, which is a group of companies that come together, often from different countries, to work on a common project, in this case, building the largest solar park in Rhothaa.

BuildTow, a Construction Company Based in the Country of Neora;