Identify a true statement about functional relationships.
A) Members of functional relationships make significant investments for the sake of the relationships.
B) Buyers and sellers are locked into a continuing relationship,and buyers cannot switch from one supplier to another.
C) The nature of the relationship between a buyer and a seller is described as cooperative.
D) The typical time horizon is short term because previous purchases do not exert a significant impact on the next purchase.
E) They are created for the purpose of uncovering and exploiting joint opportunities.

Question

Quizplus · Accepted Answer

Functional relationships are characterized by cooperation between buyers and sellers, where both parties work together to achieve mutual benefits.

Identify a True Statement About Functional Relationships