Which of the following statements is true of a collective research organization? a. it is a short-term commitment. b. it does not firms to leverage their competencies. c. it is an effort to rapidly access capabilities or technology. d. it allows a firm to share the cost and risk of basic research.

The correct answer is letter "D": It allows a firm to share the cost and risk of basic research.

Explanation:

A collective research organization is one type of collaborative arrangement where organizations get together to facilitate collaboration among groups of firms. The conglomerate allows firms to increase the potential for leveraging existing competencies, for developing new competencies and accessing other firm's competencies such as production costs and risk management.

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy