Elena-Mădălina VĂTĂMĂNESCU, Vlad-Andrei ALEXANDRU, Mădălina-Elena STRATONE and Elena Adriana BIEA
National University of Political Studies and Public Administration (SNSPA), Bucharest, Romania
Volume 2023 (1),
Article ID 4134523,
Marketing between Theory and Practice: 41MKT 2023
Abstract
The paper seeks to examine different facets of business-to-business (B2B) relationships availed by small and medium-sized enterprises (SMEs) in international contexts. The theoretical approach is meant as a preamble for further conceptual and empirical endeavors, putting forward a context-driven perspective. The literature-based overview allows bringing up some important issues while discussing good managerial connections (especially those that take place between international partners). To begin, managers must always view interactions as mutually beneficial, which necessitates assuming the goals, potential, and expectations of all parties participating in the exchange. Second, managers must admit the cultural variation in the effects and possibilities for updating a given set of variables describing a set of relationships. Finally, at any given period in every connection, long or short, the fundamental qualities of the interaction up to that point may be tracked. The relationship’s past reveals its essential essence and also establishes the groundwork for its potential development in the future. Prescription of the indefinite business relationship requires a thorough familiarity with the interaction’s background.
Keywords: business-to-business (B2B) relationship marketing; small and medium-sized enterprises (SMEs); internationalization; competitiveness.