QuestionQ7

Relationship Management and Communication

Which type of relationship is mainly driven by price?

  • A Service relationship
  • B Basic relationship
  • C Cooperative relationship
  • D Partnership relationship
Explanation

In supplier relationship classification models, a Basic (transactional) relationship is characterized by low trust, low commitment, and arm's-length dealings where the buying decision is primarily based on price rather than collaboration, shared risk, or long-term value creation — features that instead define Cooperative and Partnership relationships.

Community Discussion

No comments yet. Be the first to start the discussion!