Credible commitments refer to:
A)believable promises that support the development of a long-term relationship between companies.
B)the merging of two companies that have an equal market share.
C)to obtaining of goods, services or works from an external source.
D)the acquisition of one company by another company.
E)the outsourcing of after-sale services to a different company.

Question

Credible commitments refer to:
A)believable promises that support the development of a long-term relationship between companies.
B)the merging of two companies that have an equal market share.
C)to obtaining of goods, services or works from an external source.
D)the acquisition of one company by another company. 
E)the outsourcing of after-sale services to a different company.

Quizplus · Accepted Answer

Credible commitments refer to promises or commitments made by a company that are viewed as believable by the other party or parties involved. These commitments support the development of long-term relationships between companies, where each party can trust the other to fulfill their commitments over time.

Credible Commitments Refer To