Selecting a third-party logistics (3PL) or fourth-party logistics (4PL) provider is an example of a(n):
Selecting a third-party logistics (3PL) or fourth-party logistics (4PL) provider is an example of a(n):
Selecting a third-party logistics (3PL) or fourth-party logistics (4PL) provider is an example of a strategic alliance. This is because a strategic alliance typically involves a formal partnership between two independent companies aiming to achieve mutually beneficial goals. In this context, engaging a 3PL or 4PL provider allows a company to leverage external expertise and infrastructure to enhance its logistics capabilities without merging or acquiring the third-party provider.
It's A. Outsourcing a service is a form of horizontal integration and a strategic alliance, where two companies enter into business to achieve a common goal
A. strategic alliance
Agreed, its D.
Answer is D.