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  2. Partnership is an association of two or more parties cooperating in business. Consortium is a group of organizations collaborating on a common project.
    www.askdifference.com/partnership-vs-consortium/
    In consortia, each member maintains control over their own operations and only collaborates on certain aspects related to their shared goal. In contrast, joint ventures are much more integrated as partners work together as one entity with equal stakes in decision-making and responsibilities.
    dollarmakers.com/what-is-the-difference-between-c…
    A consortium is generally a more flexible arrangement without forming a new legal entity, focusing on a specific project or objective. In contrast, a joint venture usually results in the creation of a new business entity owned by the participating companies, with a broader scope of activities and a longer-term outlook.
    quickonomics.com/terms/consortium/
    Consortiums, while sharing resources, operate independently in day-to-day operations. In contrast, joint ventures involve shared ownership, risks, profits, losses, and governance.
    www.supermoney.com/encyclopedia/consortium
     
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