Relational assets is defined as ________.
A) high-quality, enduring business and social relationships
B) the creditworthiness of the exporter
C) a contract between the banks of a buyer and a seller that ensures payment for both sides
D) a set of universally accepted terms of sale that specify how the buyer and the seller share the cost of freight and insurance in an international transaction

Question

Quizplus · Accepted Answer

Relational assets refer to high-quality, enduring business and social relationships, which are valuable assets for firms in conducting international business. They include trust, mutual respect, and shared norms and values.

Relational Assets Is Defined as ________