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

Question

Quizplus · Accepted Answer

Strategic partnerships are characterized by significant long-term investments made by both parties to improve profitability for each other. This is different from win-lose partnerships or buyer-seller alliances, where only one party benefits at the expense of the other. Functional relationships and hierarchical partnerships do not necessarily involve significant investments and long-term commitments.

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