Business, 13.11.2019 02:31 indiaseel2744

In supply chain management, icebreaker's long-term partnerships with the farmers who grow wool are called relationships.

Answers: 2

Show answers

Answers

Answer from: haybales6019

Strategic relationship.

Precisely vertical type of strategic relationship.

Explanation: Strategic relationship is the type of relationship that exists between two or more commercial businesses regulated by business contracts in order to achieve business growth, as well as development and distribution of products.

Types of strategic partnership.

• Horizontal strategic partnership: This happens when strategic partnership occurs between business competitors with the aim of teaming up to improve their market stand.

•Vertical strategic partnership: it happens between a business and companies within its supply chain.

• Intersection strategic partnership: Occurs when businesses from different geographical locations comes together to share knowledge for each others advantage.

Others includes joint venture and equity type of strategic partnership.

Answer from: alleyeverett031

They are called strategic relationships.

A strategic relationship is the type of relationship that exists between two business enterprises and is commonly characterized by business contracts. In other words, such a relationship is usually formalized by agreement in the form of one or more business contracts.

Further Explanation

Commercial enterprises usually involve in strategic relationships or partnerships with the hope to enhance their offers and offset their cost. The general concept or idea about a strategic relationship is that two are better than one and by allying, the two commercial enterprises would benefit from combining their resources.

Over the years, there have been some strategic partnership agreements between some of the big companies known to us.

For example HP and Disney initiated a 10-year strategic relationship to create new technologies and boost consumer entertainment experiences.

Another example is the Microsoft and Nokia strategic partnership, where Nokia team up with Microsoft to create a smartphone that can compete with Google android and Apple’s iPhones.

Therefore, the strategic partnership adds value to both companies by elevating their consumer’s experiences and can also be a better way for most companies to lower cost.

Some of the examples of a strategic partnership include:

Strategic supply chain partnershipsStrategic marketing partnershipsStrategic integration partnershipsStrategic technology partnerships

LEARN MORE:

Icebreaker uses contracts to better coordinate its relationship with wool suppliers. in doing this icebreaker has established Within the win-win partnership dyad, buyer and supplier share goals as well as inherent risks through joint planning and control, seeking to create a supply chain

KEYWORDS:

strategic relationshiplong-term partnershipsupply chain managementfarmersgrow wool

Answer from: Quest

Ithink it is a i’m not for sure

Answer from: Quest

i would prefer to go with the news article for nate, its recent and updated and stores a lot of information

Another question on Business

Business, 22.06.2019 12:40

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?

Answers: 2

Answer

Business, 22.06.2019 16:50

In terms of the "great wheel of science", statistics are central to the research process (a) only between the hypothesis phase and the observation phase (b) only between the observation phase and the empirical generalization phase (c) only between the theory phase and the hypothesis phase (d) only between the empirical generalization phase and the theory phase

Answers: 1

Answer

Business, 22.06.2019 18:30

Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?

Answers: 1

Answer

Business, 22.06.2019 19:10

Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.

Answers: 1

Answer

You know the right answer?

In supply chain management, icebreaker's long-term partnerships with the farmers who grow wool are c...

Questions