Which of the following represents a continuum from low to high trust?
A) Market exchange, strategic partnership, functional relationship
B) Functional relationship, market exchange, strategic partnership
C) Market exchange, functional relationship, strategic partnership
D) Strategic partnership, functional relationship, market exchange
E) None of the above

Question

Quizplus · Accepted Answer

Market exchange represents lower levels of trust because it is a transactional relationship based solely on the exchange of goods or services. Functional relationship represents a higher level of trust because it involves ongoing cooperation and communication. Strategic partnership represents the highest level of trust because it involves a long-term commitment to mutual success and shared goals. Therefore, the continuum from low to high trust is market exchange, functional relationship, and strategic partnership.

Which of the Following Represents a Continuum from Low to High