Neighborhood Grocers That Work Together with Several Other Independent Grocers

question 31

Multiple Choice

Neighborhood grocers that work together with several other independent grocers that all agree to buy their goods directly from food manufacturers is a(n)

• A) retailer-sponsored cooperative.
• B) consortium system.
• C) administrative system.
• D) conglomerate system.
• E) contractual horizontal marketing system.

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Definitions:

Mexican Pesos

The currency of Mexico, represented by the symbol $ or MX$ to differentiate it from other dollar-denominated currencies.

Appreciated

An increase in the value of an asset over time, often used in the context of currency, real estate, or financial investments.

Current Account

The component of a country's balance of payments that records the value of exports and imports of goods and services, as well as international transfers of capital.

Capital Account

It reflects the net change in assets and liabilities from transactions in foreign investments and loans, indicating a country's financial position with the rest of the world.