A Consortium Is Different from a Joint Venture in That

question 61

Multiple Choice

A consortium is different from a joint venture in that a consortium:

• A) usually operates in a country in which the participants are already active.
• B) typically involves a large number of participants.
• C) restricts the right to hold an equity position by its major partners.
• D) does not involve the creation of a separate legal entity.
• E) is formed mainly for executing short-term projects.

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Definitions:

Implicit Leadership

The concept that leadership qualities are largely based on unconscious beliefs, biases, or assumptions.

Leadership Antiprototype

An individual who embodies the opposite qualities of what is traditionally viewed as effective leadership, often lacking in vision, inspiration, or ethical standards.

Tyranny

A form of government in which a single ruler holds absolute power and often uses it in a cruel or oppressive way.

Apprising

Influence tactic in which influence agent explains how carrying out a request or supporting a proposal will benefit the target personally, including advancing the target’s career.