Several companies in a particular industry may join forces to create an industry ____ to gain the advantages of the private company marketplace for all members of the consortia.
A) consortia-sponsored marketplace
B) public company marketplace
C) private company marketplace
D) open marketplace

Question

Quizplus · Accepted Answer

The question is asking for a term that describes a marketplace that is specifically created by a consortia (group of companies) in order to gain advantages. A) Consortia-sponsored marketplace is the most fitting description for this scenario. B) and D) are not accurate because they do not specify that the marketplace is created by a consortia, and C) is incorrect because the question is asking for a marketplace that is private to the members of the consortia, not open to the public.

Several Companies in a Particular Industry May Join Forces to Create