This Step in Establishing and Sustaining a 3PL Relationship Involves

question 25

Multiple Choice

This step in establishing and sustaining a 3PL relationship involves determining your area of core competency and how a 3PL may help you create a competitive advantage.

• A) Strategic assessment
• B) Decision to form relationship
• C) Evaluation of alternatives
• D) Structuring of an operating model

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Definitions:

Least Common Denominator

The smallest positive integer that is divisible by each denominator of a set of fractions, facilitating their comparison or summation.

Common Denominator

The shared multiple of the denominators of two or more fractions, used to make their denominators the same for addition or subtraction.

Combine

To combine is to join or merge two or more elements into a single unit or group.

Simplify

The process of altering an expression into its most basic form or notation.