an amalgamation
a cartel
a merger
a consortium
Correct answer is D
A consortium is a group made up of two or more individuals, companies, or governments that work together to achieving a common objective.
The business organization that can effectively combine management with control is?
private limited liability company
sole proprietorship
public limited liability company
co-operation society
Correct answer is B
A sole proprietorship, also known as the sole trader, individual entrepreneurship or proprietorship, is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity. The business owner manages and controls all business activities
One of the major disadvantages of pipeline transportation is its?
high cost of construction
limitation in scope
vulnerability to climate changes
high maintainance cost
Correct answer is A
No explanation has been provided for this answer.
non-residents of a country travel to other countries
resident of a country travel to another country
non-resident of a country travel within it
resident of a country travel within it
Correct answer is B
Inbound tourism is when a person from his/her home country travels to another country for not less than 24 hours and not more than few months. The purpose of the travel is mostly leisure and very seldom for business.
The agreement of insurers to spread risks among themselves is a major feature of?
reinsurance
life insurance
underwriter
marine insurance
Correct answer is A
Reinsurance is the practice whereby insurers transfer portions of their risk portfolios to other parties by some form of agreement to reduce the likelihood of paying a large obligation resulting from an insurance claim.