Which term describes the banding together of businesses to purchase materials and services with the goal of lowering purchase prices through discounts?

Question

Quizplus · Accepted Answer

Demand aggregation describes the practice of businesses joining together to purchase products or services in larger quantities in order to receive discounts or other cost savings. This can be particularly useful for small businesses who might not be able to negotiate lower prices on their own.

Which Term Describes the Banding Together of Businesses to Purchase