Trade Association and Other Enterprises cont'd II
ImpoAgricCommerce SSS2 First Term
WEEK 10
Trade Association and Other Enterprise's cont'd II
Performance Objectives
The student should be able to:
1. Explain the meaning of the following:
-Consortium
-Trust
-Holdings
-Cartel
Content
Consortium
A combination of several companies, banks etc for a common purpose is consortium. A few banks can come together to finance a project, in that case, they become a consortium of banks. In the same way, two or three construction companies can pull their resources together to undertake a huge construction project like a dam which would have.... View More
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