_____ are the long-term business relationships in which the partners make significant investments to improve the profitability of both parties.
A) Strategic partnerships
B) Win-lose partnerships
C) Functional relationships
D) Personal selling partnerships
E) Solo exchange alliances

Question

Quizplus · Accepted Answer

Strategic partnerships are defined as long-term business relationships where both partners make significant investments to improve profitability. The goal of a strategic partnership is for both parties to benefit and succeed from the collaboration. This can include shared resources, joint marketing efforts, or cross-selling opportunities.

_____ Are the Long-Term Business Relationships in Which the Partners