Caterpillar,the famous heavy equipment manufacturer,has a reputation for working in harmony with its worldwide distribution network of independent dealers.Caterpillar has shared its successes with its dealers and protected its dealers during difficult economic times.This is an example of _ _.

Question

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The given scenario is an example of Partner Relationship Management (PRM), which involves building and maintaining strong relationships between a company and its independent distributors/dealers. PRM focuses on mutually beneficial goals, trust, and transparency, which is clearly evident in Caterpillar's approach towards its dealers. Options A, C, D, and E are not applicable in this context.

Caterpillar,the Famous Heavy Equipment Manufacturer,has a Reputation for Working in Harmony