Suppose Zara Has a Linked Supply Chain with Silk City

question 27

Multiple Choice

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:

• A) Strategic alliance
• B) Co-opetition
• C) Collaboration
• D) Dependence
• E) Competition

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Definitions:

General Impression

An overall or summary opinion formed about something or someone, often without detailed analysis or based on limited information.

Innate System

The innate system typically refers to inborn biological structures or mechanisms that come naturally, without being learned or acquired.

Survival Value

The degree to which a behavior or trait increases the chances of an individual or species to survive and reproduce.

Observable Characteristics

Traits or features of individuals or objects that can be directly seen or measured.