Ask Question
BusinessBusiness
29 December, 11:29

Suppose Zara has a linked supply chain with Silk City, a fabric supplier. Zara and Silk City use IT to seamlessly exchange data, communicating requirements as well as delivery expectations. The relationship between Zara and Silk City is best described as:

Collaboration Dependence

Co-opetition

Strategic alliance

Competition

+3
Answers (1)
  1. 29 December, 11:51
    0
    Answer: strategic alliance

    Explanation: The relationship between both firms is best described as a strategic alliance. When companies or firms enter into an arrangement to undertake projects where they both benefit from, work towards a common goal while retaining their independence, such companies are said to be in a strategic alliance. Some of the reasons for this sort of alliance include: product improvement, expansion into new markets, development of competitive advantages etc.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose Zara has a linked supply chain with Silk City, a fabric supplier. Zara and Silk City use IT to seamlessly exchange data, ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
How does the Federal Funds Rate affect consumers looking to take out a loan?
Answers (1)
The market value of all final goods and services produced within an economy in a given period of time is called:
Answers (1)
MC Qu. 86 A sporting equipment store expects to ... A sporting equipment store expects to purchase $8,500 of ski boots in October.
Answers (1)
Mapleleaf Industries declared a $0.85 per share cash dividend. The company has 130,000 shares authorized, 51,000 shares issued, and 48,000 shares of common stock outstanding. What is the journal entry to record the dividend declaration
Answers (2)
Paulson Company issues 6%, four-year bonds, on December 31, 2018, with a par value of $200,000 and semiannual interest payments.
Answers (1)
New Questions in Business
On June 1, Davis Inc. issued an $84,000, 5%, 120-day note payable to Garcia Company. Assume that the fiscal year of Garcia ends June 30.
Answers (2)
You invest $50,000 now and receive $10,000 per year for 15 years starting at the end of the first year.
Answers (1)
A high school currently require students to purchase a parking pass in order to park in the parking lot, but for the coming year they are considering letting all students park for free.
Answers (2)
An oligopolistic market structure is distinguished by several characteristics, one of which is a difficult entry. Which of the following are other characteristics of this market structure? Check all that apply. a. Market control by many small firms.
Answers (1)
Who should you' alert that you are interviewing for jobs? A. Your references B. Other possible employers C. Your classmates D. Your present employer
Answers (1)
Home » Business » Suppose Zara has a linked supply chain with Silk City, a fabric supplier. Zara and Silk City use IT to seamlessly exchange data, communicating requirements as well as delivery expectations.
Sign Up Forgot Password?