Relationship commitment occurs when an organisation is dedicated to a close and lasting relationship with another business. Short of this commitment, trading partners are less likely to be able to work closely. These inter-company relationships are becoming increasingly viewed as an important factor in gaining competitive advantage in business markets.Large amounts of time and resources are needed to develop this type of commitment. The related costs are even more of a problem in international businesses. There are emotional and behavioural dimensions within relationship commitment, with the former referring to the degree of attachment between the business partners in the relationship. This includes aspects such as the core attitudes towards the relationship, and the degree of long-term orientation. The behavioural dimensions of commitment explain the aspects of the relationship we can see, such as how and where resources are allocated and developed.Companies find it easier to create and sustain relationship commitments with overseas, partners rather than domestic ones.TrueFalseCannot say

Relationship commitment occurs when an organisation is dedicated to a close and lasting relationship with another business. Short of this commitment, trading partners are less likely to be able to work closely. These inter-company relationships are becoming increasingly viewed as an important factor in gaining competitive advantage in business markets.

Large amounts of time and resources are needed to develop this type of commitment. The related costs are even more of a problem in international businesses. There are emotional and behavioural dimensions within relationship commitment, with the former referring to the degree of attachment between the business partners in the relationship. This includes aspects such as the core attitudes towards the relationship, and the degree of long-term orientation. The behavioural dimensions of commitment explain the aspects of the relationship we can see, such as how and where resources are allocated and developed.

Companies find it easier to create and sustain relationship commitments with overseas partners rather than domestic ones.

True False Cannot say

False