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Q5. The highly competitive freight transport industry is forcing carriers to form strategic alliances. Explain the...

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Operations Management

Q5. The highly competitive freight transport industry is forcingcarriers to form strategic alliances. Explain the following:

(a) What is a strategic alliance among carriers?

(b) Two (2) advantages of a strategic alliance.

(c) One (1) disadvantage of a strategic alliance.

Answer & Explanation Solved by verified expert
4.0 Ratings (793 Votes)
Strategic alliances indicate the agreements between two or more independent companies to cooperate in the production development services and sales of products Strategic alliances are useful for companies that are in the same industry    See Answer
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