Relational governance includes arrangements for sharing information and tasks between the buying and selling firm, but it does not include specific obligations for each party. There is a written commitment between buyer and seller, but the agreement allows greater flexibility than a contractual governance structure does.

Question

Quizplus · Accepted Answer

Relational governance focuses on trust and collaboration, allowing flexibility and adaptability in the relationship, unlike strict contractual obligations.

Relational Governance Includes Arrangements for Sharing Information and Tasks Between