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Elite sprinters display greater impulse against the starting blocks than sub-elite sprinters.
Wholesaler-sponsored Voluntary Chain
A form of retail organization in which independent retailers band together in a contractual relationship with a wholesaler to achieve economies of scale and compete with larger chains.
Administered Cooperative System
A cooperative arrangement where operations and activities are managed and directed by a centralized authority, often to achieve economies of scale or shared goals.
Franchising
A business model where a franchisor licenses its trade name and operating methods to a franchisee in exchange for a fee and ongoing royalties.
Contractual Arrangement
An agreement between parties that is enforced by law, specifying the duties and rights of each party.
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