Question

A traditional buyer-seller relationship is defined as "a long-term relationship between an owner and a contractor in which the contractor acts as a part of the owner's organization for certain functions."
a. True
b. False

Answer 1

Answer:

False

Explanation:

In business, a partnering alliance is defined as a long-term relationship between an owner and a contractor in which the contractor acts as a part of the owner's organization for certain functions.

In a traditional buyer-seller relationship, the buyer is not part of the owner's organization at all, therefore, this statement is false.