Systems in Which Retailers Organise a New, Jointly- Owned Business

question 62

Multiple Choice

Systems in which retailers organise a new, jointly- owned business to carry on wholesaling and, possibly, production activities are known as:

• A) manufacturer- owned chains.
• B) franchised distribution channels.
• C) retail cooperatives.
• D) wholesaler- sponsored voluntary chains.
• E) distribution cooperatives.

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Definitions:

Attribution Theory

The principle that dispositional attributions are made about others (what the other is “really like”) under certain conditions, such as out-group membership.

Attribution Error

Error made in attributing the causes for someone’s behavior to their membership in a particular group, such as a racial group.

Formal Organizations

Highly structured groups formed for a specific set of objectives or activities, characterized by defined roles and administrative rules.

Functionalist Perspective

A sociological approach that emphasizes the interdependence of society's components and their contribution to societal stability and equilibrium.