How do long-term relationships reduce purchase costs? Select answer from the options below The negative aspect of long-term relationships is "corporate complacency," which inevitably leads to reacting to change and competition too late. Searching, negotiating terms, and simply establishing the mechanics and logistics of working together takes time and money up front. But the effort pays off eventually. Long-term relationships allow for the use of trust and credit, which allows for more flexibility and eventual cost savings. Searching, negotiating terms, and simply establishing the mechanics and logistics of working together takes time and money up front. It generally makes more sense to grow and cultivate existing supply chain relationships