Commitment Phase in Business Relationships
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Questions and Answers

What is the first phase of customer-supplier relationships?

  • Expansion
  • Awareness (correct)
  • Commitment
  • Exploration

What happens during the exploration phase of customer-supplier relationships?

  • Parties become more distant
  • Parties explore each other’s capabilities and performance (correct)
  • The relationship is terminated
  • Interdependence increases

What is characteristic of the expansion phase of customer-supplier relationships?

  • Increasing interdependence (correct)
  • Termination of the relationship
  • Trial purchasing
  • Decreasing interaction

What may happen during the exploration phase if the trial is unsuccessful?

<p>The relationship is terminated with few costs (B)</p> Signup and view all the answers

What is a characteristic of modern business relationships?

<p>They are more complex than simple dyads (B)</p> Signup and view all the answers

Why may suppliers feel they have built a relationship with corporate buying staff?

<p>Because they have formed interpersonal relationships (A)</p> Signup and view all the answers

What is a characteristic of the commitment phase?

<p>Mutually understood roles and goals (A)</p> Signup and view all the answers

Why might a supplier choose to exit a relationship with a customer?

<p>Because the relationship fails to contribute to sales volume or profit goals (D)</p> Signup and view all the answers

What is a common reason for customers to exit relationships?

<p>Due to repeated service failures or changed product requirements (B)</p> Signup and view all the answers

What is a key attribute of highly developed relationships?

<p>Trust and commitment (A)</p> Signup and view all the answers

What may lead to termination of a relationship?

<p>A breach of trust (C)</p> Signup and view all the answers

In what stage of relationship development is trust an issue?

<p>Early stages of relationship development (A)</p> Signup and view all the answers

What is the primary role of trust in relationships?

<p>To hold a relationship together across time and different episodes (D)</p> Signup and view all the answers

Which of the following is NOT a dimension of trust?

<p>Commitment (A)</p> Signup and view all the answers

What is affective commitment in relationships?

<p>An emotional attachment to the relationship (A)</p> Signup and view all the answers

What is benevolence in the context of trust?

<p>A belief that one party acts in the interests of the relationship (C)</p> Signup and view all the answers

What is calculative commitment in relationships?

<p>A more rational, economic-based commitment (D)</p> Signup and view all the answers

What is the outcome of parties sharing experiences and interpreting each other’s motives?

<p>Reduced risk and doubt (A)</p> Signup and view all the answers

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