One Thing That Franchise Systems, Wholesaler-Sponsored Chains, and Retail Cooperatives

question 165

Multiple Choice

One thing that franchise systems, wholesaler-sponsored chains, and retail cooperatives have in common is that they are all

• A) distribution systems in which producers also act as intermediaries in the distribution process.
• B) dependent on multilevel marketing strategies.
• C) forms of distribution systems in which a single firm owns all of the organizations involved in distributing the product.
• D) forms of contractual distribution systems.

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Definitions:

Economic Growth

An increase in the production of goods and services in an economy over a period of time.

Louisiana Purchase

The acquisition of the territory of Louisiana by the United States from France in 1803, significantly expanding the size of the nation.

Mechanical Reaper

A machine invented in the 19th century that significantly increased the efficiency of harvesting crops.

Capital

Resources made and used by people to produce and distribute goods and services, including tools, machinery, and buildings.