What Are the Three Major Types of Vertical Marketing Systems

question 28

Multiple Choice

What are the three major types of vertical marketing systems?

• A)contractual,corporate,and independent
• B)administered,independent,and franchised
• C)corporate,contractual,and administered
• D)corporate,contractual,and chain
• E)corporate,franchised,and task

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Definitions:

Workers' Compensation

State programs that provide benefits to workers who suffer work-related injuries or illnesses, or to their survivors.

Employee Retirement Income Security Act

A federal law that sets minimum standards for most voluntarily established pension and health plans in private industry to provide protection for individuals in these plans.

ERISA

The Employee Retirement Income Security Act (ERISA) is a federal law that sets minimum standards for most voluntarily established pension and health plans in private industry to provide protection for individuals in these plans.

Vested

A term used to describe the point at which an employee has earned the right to keep all their benefits, often from retirement plans, regardless of their employment status with the company.