What is a cooperative agreement between business firms?

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Quizplus · Accepted Answer

A cooperative agreement between business firms is typically a strategic alliance, which is a partnership between two or more businesses for mutual benefit. This could involve sharing resources, expertise, or technology to achieve shared goals while maintaining separate identities and operations. A joint contract typically refers to a single agreement between two parties, while co-marketing efforts are focused on joint marketing campaigns. A global partner development strategy might involve multiple cooperative agreements, but is not a specific term for such agreements.

What Is a Cooperative Agreement Between Business Firms