Researchers have found that buyer-supplier relationships can be classified into eight different categories

What category would be appropriate for a relationship where, although bonded by a close, cooperative relationship, the seller adapts to meet the customer's needs without expecting much adaptation or change on the part of the customer in exchange?


The appropriate category would be the "customer is king" category.

Business

You might also like to view...

Which of the following is usually NOT true about business products?

A. Demand for consumer products is derived from business products. B. The demand curve for a particular industry is usually inelastic. C. Each business product may be only a small part of the cost of a final product. D. The demand curve for individual sellers may be extremely elastic.

Business

In the context of employee evaluation, most companies require that managers give formal feedback through periodic _____, usually every six months or once a year.

A. vestibule training B. performance appraisals C. management development programs D. orientation programs

Business

In the context of the levels and stages of moral development, identify the major determinant of behavior at Level II, stage 3.

A. Deference to power B. Approval of others C. Avoidance of punishment D. Compliance with authority

Business

____________________ is an expression used to indicate that a new version of some technology still supports the specifications of the old version.

Fill in the blank(s) with the appropriate word(s).

Business