Extended Abstract: Rescuing Relationships, Developing a Framework for Exchange Relationship Disruption

Autor: Judith Anne Garretson Folse, Matthew M. Lastner
Rok vydání: 2017
Předmět:
Zdroj: Creating Marketing Magic and Innovative Future Marketing Trends ISBN: 9783319455952
DOI: 10.1007/978-3-319-45596-9_74
Popis: Research investigating business-to-business (B2B) exchange supports the position that cultivating strong interfirm relationships (i.e., buyer-seller relationships) is vital to the long-term success of both parties involved in an exchange (Morgan and Hunt 1994; Palmatier 2008). Healthy exchange relationships are characterized as being built on the foundation of high levels of interfirm trust and commitment (Garbarino and Johnson 1999; Gregoire et al. 2009; Priluck 2003), and evidence demonstrates their positive impact on critical downstream measures such as sales growth, financial performance, and cooperation for both parties (Morgan and Hunt 1994; Palmatier et al. 2006; Palmatier et al. 2007). Further, strong exchange relationships can create a competitive advantage for companies relative to rival firms engaged in weaker relationships (Dyer and Hatch 2006; Dyer and Singh 1998). In short, it is an accepted premise that strong relationships yield a number of positive outcomes for both parties involved in the exchange.
Databáze: OpenAIRE