The purpose of this study is to find out the determinants of long-term orientation between suppliers and retailers of household electric appliances in Korea and Chtna, plus their structure and relationship, The constructs examined here include trust, ...
The purpose of this study is to find out the determinants of long-term orientation between suppliers and retailers of household electric appliances in Korea and Chtna, plus their structure and relationship, The constructs examined here include trust, dependence, environmental uncertainty(volatility & diversity), transaction specific assets, reputation, and satisfaction. It is hypothesized that trust(credibillty and benevolence). satisfaction, and dependence have positive impacts on long-term orientation, At the same tinge, it is hypothesized that volatility and transaction specific assets have a positive impact on dependence while diversity has a negative impact, In addition, reputation has a positive impact on trust(credibility and benevolence). A total of 147 questionnaires were collected by surveying household electric appliance retailers in Beijing, China, The result of analysis shows strong support far the hypotheses. But, the relationship between diversity and dependence, reputation and credibility, dependence and long-term orientation, credibility and long-term orientation is not supported. A total of 146 questionnaires were collected by surveying household electric appliance retailers in Seoul, Korea. The result of analysis shows strong support for the hypotheses. But, the relationship between volatility and dependence, diversity and dependence, transaction specific assets and dependence. reputation and credibility is not supported.