A Group of Small Convenience Stores Forms a New Business

question 104

Multiple Choice

A group of small convenience stores forms a new business entity to buy products directly from manufacturers.The group buys products in bulk which are then distributed among members.This helps the stores obtain better profit margins.Which of the following types of vertical marketing system can be observed here?

• A)contractual
• B)corporate
• C)administered
• D)controlled
• E)regulatory

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Definitions:

Gift Standards Charter

A document outlining the principles, ethics, and standards governing the acceptance, management, and acknowledgment of gifts in an organization.

Special Gift

A unique or exceptional item or talent given from one individual to another or recognized within oneself.

Nonrecurring Need

A requirement or demand that arises infrequently or on a one-time basis, distinct from ongoing or regular needs.

Prospect Research

A process used by nonprofits and other organizations to identify and evaluate potential donors' or investors' capacity and willingness to give, based on factors like wealth indicators and philanthropic interests.