Question: A consortia is a contractual agreement between a licensor and a licensee. involves three or more companies joining forces to form a new company. involves

A consortia

is a contractual agreement between a licensor and a licensee.

involves three or more companies joining forces to form a new company.

involves a foreign company that helps create a new company, usually in conjunction with a local company. uses foreign direct investment to create an equity expansion mode.

has the least amount of risk of all expansion modes

A consortia is a contractual agreement between a licensor and a

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