Company X and Company Z have enduring,substantial connections that cause the two firms to function according to their perceived single,shared interest.Which term best describes this situation?
A) Relational channel partnership
B) Functional arrangement
C) Transactional relationship
D) Global conglomeration
E) Joint partnership

Question

Quizplus · Accepted Answer

Relational channel partnership best describes a situation where two companies have enduring, substantial connections that lead them to operate based on a perceived single, shared interest. This term emphasizes the ongoing, cooperative relationship between the firms, beyond mere transactions or functional arrangements, and without necessarily forming a global conglomeration or a formal joint partnership.

Company X and Company Z Have Enduring,substantial Connections That Cause