As Azi traveled across the state of Tennessee, he stopped and bought gas, a bottle of soda, and a bag of corn chips at a small store that he will probably never visit again. What type of transaction did Azi engage in when he made these purchases?
There are basically two market exchange; solo exchange and functional relationships. In Solo exchange, the two parties may not likely do business together again. Example is the stores purchases are made from during vacation, they is a high odd of ever doing businesses with such shops.
On the other hand, in a functional relationship, there is an established relationship between the buyer and seller, there is a tendency of continued exchange. an example is the relationship with a neighbourhood an individual frequently buys groceries from.
