A(n)__________ Is a Supply Chain Whose Members Act Like a Unified

question 115

Multiple Choice

A(n) __________ is a supply chain whose members act like a unified system.

• A) vertical marketing system
• B) independent marketing system
• C) concentrated marketing system
• D) conventional marketing system
• E) strategic marketing system

---

Definitions:

Listed Price

The price at which a security is listed for trading on a stock exchange.

Futures Contract

A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, often used for commodities or financial instruments.

Hedge Ratio

The hedge ratio is a financial ratio that compares the value of a position protected through hedging with the size of the entire position itself.

Futures Position

A contractual agreement to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.