The statement which would best apply to a consortium is that all member organizations usually adopt a set of standardized rates and is therefore denoted as option D.
This comprises of two or more individuals or companies which work together to achieve a common goal or objective which is done by pulling their various resources together.
This type of company involves the member organizations adopting a set of standardized rates so as to ensure uniformity in their operations so as to avoid conflicting interests. This also helps to eliminate cumbersome dealings within and outside the organization also thereby making it the most appropriate choice
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