A Group of Small Grocery Shops Forms a New Business

question 64

Multiple Choice

A group of small grocery shops forms a new business entity to buy products directly from manufacturers.The group buys products in bulk which are then distributed among members.This helps the shops obtain better profit margins.Which of the following types of vertical marketing systems can be observed here?

• A) contractual
• B) corporate
• C) administered
• D) controlled
• E) regulatory

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Definitions:

Tipping Point

The critical threshold at which a small change or action becomes significant enough to cause a larger, more consequential shift.

Interbreed

The mating or breeding between different species, breeds, or varieties to produce hybrid offspring.

Species

A collection of similar living entities that can exchange genetic material or mate with each other.

Life History Traits

The series of strategies and features that define an organism's lifecycle, including birth, growth, reproduction, and death.