A Retailer-Sponsored Cooperative Involves

question 130

Multiple Choice

A retailer-sponsored cooperative involves

• A) small, independent retailers forming an organization that operates a wholesale facility cooperatively.
• B) a vertical marketing system that uses a contractual relationship between a wholesaler and small independent retailers to standardize and coordinate buying practices, merchandising programs, and inventory management.
• C) an agreement among small, privately owned manufacturers to pool their resources by sharing installations, heavy equipment, and warehousing they would be unable to afford on their own.
• D) an agreement among retailers to pool their resources by purchasing services such as signage, snow removal, and trash removal that affects the physical space (strip mall, etc.) they all share.
• E) small, independent retailers that pool their resources to finance store expansion programs.

---

Definitions:

Jurisdiction

The official power to make legal decisions and judgments, typically in a specific geographic area or over certain types of cases.

Legal Rules

Principles or guidelines established by authority, society, or custom, which are enforceable through legal institutions.

Foreign

Related to or originating from a country different from the one being referred to, often implies external or outside influence or components.

Alien Corporations

Companies that are incorporated in one country but do business in another.