Trust Is a Characteristic of Relationship Quality in Which a Buyer

question 55

True/False

Trust is a characteristic of relationship quality in which a buyer and seller can depend on each other.

---

Definitions:

Buying Division

A department within a company responsible for making purchases of goods and services needed by the organization.

Selling Division

A segment of a company specifically focused on sales and distribution of products or services.

Transfer Price

The price at which divisions of a company transact with each other, used for the transfer of goods and services within an organization.

Market Price

The current price at which an asset or service can be bought or sold in the marketplace, determined by the forces of supply and demand.