This article examines a growing form of interorganizational ''multifac
eted'' relationship under ''coopetition,'' where a buyer, supplier, an
d/or partner is also a competitor. We first describe different types o
f such relationships and the strategic dilemmas they present. Then, us
ing resource dependence and transaction cost theories, we consider the
antecedent conditions for the formation of such relationships and dis
cuss strategies for dealing with them. Finally, we consider questions
for further study of these types of arrangements.