Answer :

This statement is false. Research and development (R&D) contracts are agreements between organizations to outsource their R&D. Co marketing refers to efforts of several businesses to advertise their products/services together.

Is R&D a service contract?

When an R&D [research and development] contract is primarily for the provision of a service (like data collection and analysis or testing), SCA has always been deemed applicable, provided that more than a few service employees are used to carry out the contract's requirements.

What is the meaning of co-marketing?

Co-marketing is a sort of marketing in which two companies collaborate while utilizing several distribution channels. Occasionally, profit sharing may be incorporated. It and co-promotion are frequently mixed up. The companies who partner with one another frequently have things in common, such being in the same industry or catering to comparable consumers.

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