Consortia are defined as Large interlocking relationships between businesses of an industry.In Japan such consortia are known as keiretsu (A Japanese consortia of businesses that is coordinated by a large trading company to gain a strategic advantage.) ; in South Korea as chaebols(A Korean consortia financed through government banking groups to gain a strategic advantage.).
Category: Management & Organization Studies
Share it: Cite
Previous: ← Strategic Alliances
Next: Low-cost strategies →
More from this Section
- Management by objectives
Management by objectives (MBO) is a process of setting mutually agreed upon goals and ...
- Environment complexity
Environment complexity means the number of components in an organization’s environment ...
Absenteeism is the failure to show up for work. It’s difficult for work to get done ...
- Organizational performance
Organizational performance- the accumulated results of all the work activities in the ...
- Fielder contingency model
The fielder contingency model proposed that effective group performance depended on properly ...