The relationship between a buyer and its supplier chosen solely on the basis that the supplier had the lowest bid can be described as a
A)transactional relationship.
B)complementary relationship.
C)synergistic relationship.
D)None of the above

Question

Quizplus · Accepted Answer

A transactional relationship is characterized by short-term, cost-focused decisions where the primary concern is the price of goods or services, fitting the scenario where a supplier is chosen solely based on having the lowest bid.

The Relationship Between a Buyer and Its Supplier Chosen Solely