In cooperative ventures,managing a venture successfully requires building interpersonal relationships between the firms' managers,or what is sometimes referred to as:
A)relational capital.
B)personal capital.
C)personality advantage.
D)relationship advantage.

Question

Quizplus · Accepted Answer

Relational capital is the term used to describe the value that can be created through the establishment and maintenance of effective interpersonal relationships between the managers of partnering firms. In cooperative ventures, it is crucial to build strong relationships between the parties involved to ensure that the venture is managed effectively and efficiently. This requires establishing trust, effective communication, and a shared understanding of the goals and objectives of the venture. Therefore, managing a venture successfully requires building relational capital between the firms' managers.

In Cooperative Ventures,managing a Venture Successfully Requires Building Interpersonal Relationships