Jackson Steel sells its sheet metal to Ford, who, in turn, sells its finished product back to Jackson Steel so they can be a Ford vehicle dealer to the end consumer. Which term best accurately describes the relationship between Jackson Steel and Ford?

Question

Quizplus · Accepted Answer

The relationship between Jackson Steel and Ford is characterized by reciprocity, where they engage in a mutually beneficial exchange of goods or services. Jackson Steel supplies sheet metal to Ford, while Ford provides Jackson Steel with finished products to sell as a dealer. This kind of relationship is based on mutual trust and helps both companies to reduce costs and increase efficiency.

Jackson Steel Sells Its Sheet Metal to Ford, Who, in Turn