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Business relations are connections between stakeholders in the process of businesses, such as employer–employee relationships, managers as well as outsourced business partners. The association of businesses began relationships that have been constructed through communication channels such as the likes of telephones , personal contacts, and e ...
The concept of the business relationship lifecycle [9] [10] builds on charting the complex changing values of business relationships over time in contrast to simple transactional value. Examples of BRM lifecycles include: A large-scale grow and sustain cycle, characterized by one-to-many and many-to-one relationships.
This definition superseded the previous definition given in section 239 of Indian Contract Act 1872 as – "Partnership is the relation which subsists between persons who have agreed to combine their property, labor, skill in some business, and to share the profits thereof between them". The 1932 definition added the concept of mutual agency.
The following outline is provided as an overview of and topical guide to interpersonal relationships.. Interpersonal relationship – association between two or more people; this association may be based on limerence, love, solidarity, regular business interactions, or some other type of social commitment.
Customer relationship management (CRM) is a process in which a business or another organization administers its interactions with customers, typically using data analysis to study large amounts of information. [1]
The basic understanding of superior-subordinate relationships lies in the foundation that the habits of a superior tend to have the power to create productive or counterproductive environments. [10] Kohn and O'Connell point out 6 major habits of highly effective bosses. One of the habits is known as following the ‘Golden Rule.' This habit is ...
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Strategic partnerships raise questions concerning co-inventorship and other intellectual property ownership, technology transfer, exclusivity, competition, hiring away of employees, rights to business opportunities created in the course of the partnership, splitting of profits and expenses, duration and termination of the relationship, and many ...