A(n) ________ is a project-based, usually nonequity venture initiated by multiple partners to fulfill a large-scale project.
A) greenfield investment
B) acquisition
C) merger
D) consortium

Question

Quizplus · Accepted Answer

A consortium is a collaborative arrangement where multiple partners come together, often without forming a new legal entity, to work on a large-scale project, typically one that is too complex, costly, or risky for a single entity to handle alone.

A(n) ________ Is a Project-Based, Usually Nonequity Venture Initiated by Multiple