Examlex
What is an innovation hub?
Administered Vertical Marketing System
A coordinated marketing channel where a single member coordinates activities, without formal agreements, to increase efficiency and effectiveness.
Contractual Agreements
Legally binding contracts or understandings between two or more parties outlining the terms and conditions of a business arrangement.
Marketing Chain
A system of intermediaries or channels through which goods and services pass from the manufacturer to the end consumer.
Service-Sponsored Retail Franchise System
A franchising model where franchisors provide a full range of services including brand, operational guidelines, and ongoing support to the franchisee, often seen in retail.
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