Selecting a third-party logistics (3PL) or fourth-party logistics (4PL) provider is an example of a(n):
A) strategic alliance
B) joint venture
C) acquisition
D) internal function

Question

Quizplus · Accepted Answer

Selecting a third-party logistics (3PL) or fourth-party logistics (4PL) provider is an example of a strategic alliance, where two or more companies come together to achieve a mutually beneficial objective. It involves a long-term relationship between the companies and often requires substantial investments of time and resources.

Selecting a Third-Party Logistics (3PL) or Fourth-Party Logistics (4PL) Provider