Which of the following statements about strategic relationships is true?
A)Strategic relationships are also called entrepreneurial relationships.
B)Supply chain members are committed to maintaining short-term relationships.
C)In a conventional supply chain, there are no significant incentives to establishing a strategic relationship.
D)Strategic relationships are created explicitly to uncover and exploit joint opportunities.
E)Supply chain members need not have common goals for a successful relationship to develop.

Question

Quizplus · Accepted Answer

Strategic relationships are formed with the intention of taking advantage of joint opportunities, and involve a high level of commitment and trust between partners. Supply chain members may need to have some shared goals or values in order for the relationship to be successful.

Which of the Following Statements About Strategic Relationships Is True