The term _____ refers to cooperative agreements between potential or actual competitors.

Name: The term _____ refers to cooperative agreements between potential or actual competitors.
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Question

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Strategic alliances refer to cooperative agreements between potential or actual competitors.They run the range from formal joint ventures,in which two or more firms have equity stakes,to short-term contractual agreements,in which two companies agree to cooperate on a particular task (such as developing a new product).

The Term _____ Refers to Cooperative Agreements Between Potential or Actual