Examlex

Solved

Which Term Below Describes How a Company Operates When It

question 4

Multiple Choice

Which term below describes how a company operates when it is only the marketing and customer service entity with manufacturing and distribution done elsewhere?


Definitions:

Retailer-sponsored Cooperatives

Retailer-sponsored Cooperatives are groups of independent retailers who collaborate to pool buying power and resources in order to compete with larger chains.

Service-sponsored Retail Systems

Retail setups that are initiated or heavily supported by service providers, often to create direct sales channels for their products or services.

Vertically Integrated

A business strategy where a company controls multiple stages of production or distribution within the same industry, from raw materials to final product delivery.

Executive Jet Market

A sector of the aviation industry that deals with the sale, lease, or use of private jets by corporations or individuals for business purposes.

Related Questions