The ability to successfully manage interfirm relationships is called _____.
A) hubristic capability
B) synergistic capability
C) contractual capability
D) relational capability

Question

The ability to successfully manage interfirm relationships is called _____.
A) hubristic capability 
B) synergistic capability 
C) contractual capability 
D) relational capability

Quizplus · Accepted Answer

The term used for the ability to successfully manage interfirm relationships is "relational capability." Relational capability refers to a firm's ability to build and manage relationships with other firms, including suppliers, distributors, and alliance partners, to support its overall business strategy.

The Ability to Successfully Manage Interfirm Relationships Is Called _____