Question

Which of the following statements is true regarding a cartel?

A) Forming a cartel is illegal in the United States.

B) A cartel is a strategic alliance among two or more organizations that agree to establish and share the ownership of a new business.

C) A cartel is formed by companies to manage their symbiotic resource interdependencies.

D) Participating in a cartel decreases the richness of a company's environment.

Answer

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