International Business: Competing in the Global Marketplace
International Business: Competing in the Global Marketplace
12th Edition
ISBN: 9781259929441
Author: Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher: McGraw-Hill Education
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Chapter 17, Problem 1DYK
Summary Introduction

To discuss: The given statement.

Introduction:

Strategic alliances are the contract or settlement between two or more companies who would join to work on the same project and share the necessary resources required to obtain the certain objective or goal. However, the firms remain independent and separate.

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Explanation of Solution

Discuss the given statement:

It is given that global supply chains are not just about transportation. Company A has the most efficient and largest supply chain in the world. Global supply chain usually makes the firm stronger and valuable. The relationship of a company with the network partners is determined by the supply chain and the effective global supply chain would result in success.

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