Which two statements are characteristics of service partnerships as opposed to supplying goods and services?

Service partnerships emphasize collaboration and mutual benefit, which is why collaborating to achieve desired outcomes is a key characteristic. In service partnerships, the relationship is built on ongoing communication and teamwork, rather than merely a transactional exchange of goods. This collaborative approach allows both parties to leverage their strengths, share knowledge, and align their efforts towards achieving shared goals. It leads to a more integrated approach to service delivery, where both partners work together to navigate challenges and enhance overall value.

Additionally, sharing common goals and risks is also integral to a service partnership, as it fosters trust and a sense of joint ownership over outcomes. In contrast, defining a clear separation of responsibilities and establishing formal contracts are more typical of traditional supplier-buyer relationships, where roles and obligations are distinctly outlined to minimize ambiguity. In service partnerships, the focus is more on interdependence and joint success, highlighting the need for collaborative efforts to meet the needs of all parties involved.