Identify a true statement about functional relationships.

A. Members of functional relationships make significant investments for the sake of the relationships.
B. The typical time horizon is short term because previous purchases do not exert a significant impact on the next purchase.
C. They are created for the purpose of uncovering and exploiting joint opportunities.
D. Buyers and sellers are locked into a continuing relationship, and buyers cannot switch from one supplier to another.
E. The nature of the relationship between a buyer and a seller is described as cooperative.


Answer: E

Business

You might also like to view...

The book value per share for a corporation is

a. the market price of the stock. b. the cost of investments in stock of other corporations. c. based on the excess of total assets over total liabilities. d. the amount stockholders would receive if they sold their shares back to the corporation.

Business

Discuss the problems associated with conducting developmental and evaluative performance appraisals at the same time.

What will be an ideal response?

Business

Which of the following statements most accurately describes diversity in the workplace?

A) A diverse staff tends to have difficulties reading trends and responding to customers in local and world markets. B) Teams made up of diverse members are better equipped than homogeneous teams to create products that diverse consumers want. C) Diversity in the workplace often leads to lower productivity and worse employee morale. D) Teams with diverse members often find it more difficult than homogeneous teams to solve problems.

Business

Identify the six major tasks of knowledge management

What will be an ideal response?

Business