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An Advantage of a Vertical Marketing System (VMS) Over a Conventional

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Short Answer

An advantage of a vertical marketing system (VMS) over a conventional distribution channel is that it acts as a ________ system.
unified
democratic
socially responsible
customer-driven
task-driven


Definitions:

Pareto Optimality

A distribution of resources where no one can be made better off without causing detriment to at least one other person.

Utilities Possibilities Frontier

A graphical representation that shows the maximum number of goods or services that two countries can produce using their resources efficiently.

Efficient

Achieving maximum productivity with minimum wasted effort or expense; effectively utilizing resources.

Equitable

Fair and impartial treatment or distribution, often in the context of socio-economic policies.

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