Business Studies, asked by PragyaTbia, 1 year ago

Name of the firm which is temporary partnership. Answer in a word/phrase/term.

Answers

Answered by surya4681
1
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Answered by Arslankincsem
1

Venture capital is the way in which two or more firms or business professionals collaborate to form a temporary partnership with a view to achieve a specific target.


Through a venture capital the firms can share their resources to accelerate the production or distribution according to their demands and set goals.


Usually such a partnership is formed on the basis of a written agreement which has the record of all the terms and policies of the firms involved.

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