In A(n) ________ Distribution System the Producer Manages All of the Marketing

question 173

Multiple Choice

In a(n) ________ distribution system the producer manages all of the marketing functions at the retail level.

• A) administered
• B) contractual
• C) conglomerate
• D) master limited

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Definitions:

Downsizing

Planned elimination of jobs

Outsourcing

The practice of hiring external firms to perform tasks, handle operations, or provide services that are either difficult to manage or outside the company's expertise.

Reengineering

The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance.

Statistical Method

A technique or procedure applied to numerical data for the purpose of analyzing, interpreting, or explaining statistical phenomena.