
Consortium
Joint Ventures
 Consortium often involves temporary collaboration for specific projects. 
Tech giants formed a consortium to develop a new encryption standard.
 Shared Goals
 Members in a consortium work towards a mutual objective, benefitting all parties involved. 
The consortium built a bridge, sharing costs and technology.
 Professional Context
 Using 'consortium' suggests a formal alliance; it's not used for casual partnerships. 
The renewable energy consortium focuses on advancing green technologies.