The best business relationships are supported by:
A) Specific supplier qualification standards
B) One-way commitment(s)
C) Mutual investments/pledges
D) Low prices
E) Lack of alternatives

Question

Quizplus · Accepted Answer

Mutual investments/pledges are key to building strong business relationships. When both parties are invested in each other's success, they are more likely to communicate effectively, work collaboratively, and find ways to help each other grow. This type of partnership is built on trust and commitment, which can lead to long-term success for both parties. Specific supplier qualification standards are important, but they alone do not create strong relationships. One-way commitments and low prices may be beneficial in the short-term, but they do not foster a sense of mutual investment and can create imbalances that can damage relationships. Lack of alternatives may keep businesses together, but it does not create a positive, collaborative environment that can lead to growth and innovation.

The Best Business Relationships Are Supported By