This study investigated how relationship-oriented behaviors of suppliers and customers affected financial performance of firms through three relationship performance outcome variables: (1) supplier relationship performance, (2) product and service qua...
This study investigated how relationship-oriented behaviors of suppliers and customers affected financial performance of firms through three relationship performance outcome variables: (1) supplier relationship performance, (2) product and service quality performance, and (3) customer relationship performance. A mailed survey was used to collect data nationwide from 1,000 randomly selected restaurant owners and presidents in the United States. Results showed that relationship-oriented behaviors (i.e., supplier and customer relationship-oriented behaviors) positively and significantly affected relationship performance outcomes and in turn financial performance. Results supported the usefulness of the framework that synthesizes concepts of both business-to-business and business-tocustomer relationship marketing/management. Findings suggest that building relationships with suppliers and customers plays an important role in providing value to restaurant firms and stockholders such as suppliers and customers, leading to high financial performance of the firms. Furthermore, customer-related issues such as customer needs, customer complaints, and employees' interpersonal skills received the highest mean scores, implying that customer care should be the top priority in employee training.