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An agreement between two or more firms that do not involve the creation of a separate entity with joint ownership and in which the firms stand to gain revenues and maximize profits through cooperation for a given period of time is called a(n) _____.

User Grimmo
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Answer:

The answer is strategic alliance

Step-by-step explanation:

Agreement for cooperation among two or more independent firms to work together towards common goals such as profit maximisation.

User Fadel
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