Successful business relationships tend to:

Question:

Successful business relationships tend to:

A.

Combine relational contracts – to build trust in the long term – with transactional contracts to cover specific situations

B.

Depend upon tightly written legal contracts that take account of every potential problem or issue

C.

Rely upon firms being able to trust their employees and partners

D.

Be treated as finite games that both partners know will end sooner or later

Answer» a. Combine relational contracts – to build trust in the long term – with transactional contracts to cover specific situations

Note: The above multiple-choice question is for all general and Competitive Exams in India