Difference between revisions of "Business Relationships"
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Latest revision as of 16:25, 11 May 2023
Definition
Business Relationships. The relationships the undertaking has with business partners, entities in its value chain, and any other non-State or State entity directly linked to its business operations, products or services. Business relationships are not limited to direct contractual relationships. They include indirect business relationships in the undertaking’s value chain beyond the first tier, and shareholding positions in joint ventures or investments.
