A group of persons that agrees to pool its resources to achieve a particular objective is known as?

The term that describes a group of persons that agree to pool their resources to achieve a particular objective is "consortium." A consortium is usually formed when a group of individuals, companies, or organizations come together to pool their resources, expertise, and experience to achieve a common goal that they might not have been able to accomplish on their own. A consortium can be formed for a variety of purposes, including research and development, joint ventures, and investment.