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A heavy equipment manufacturer is in talks with several other similar businesses about moving into a foreign market. Their primary goal for working together is to lower their financial risk, so they are
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A heavy equipment manufacturer is in talks with several other similar businesses about moving into a foreign market. Their primary goal for working together is to lower their financial risk, so they are considering a consortium. What should they know about consortia? Multiple Choice A consortium usually operates in a country where none of the participants is currently active. A consortium is a partnership between individuals rather than companies. A consortium restricts the right to hold an equity position to its majority partners. A consortium does not involve the creation of a separate legal entity. A consortium is formed mainly for executing short-term projects.

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A consortium usually operates in a country where none of the participants is currently active.

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