Which Statement Best Explains the Increasing Power of Major Retailers

question 2

Multiple Choice

Which statement best explains the increasing power of major retailers over manufacturers?

• A) Grocery stores are growing faster than warehouse clubs due to the push to eat locally.
• B) Today's retail buyers rely on CRP systems to purchase and maintain balanced inventories.
• C) Manufacturers have the ability to threaten retailers with insufficient quantities of name brand products.
• D) Suppliers introduce numerous products each year and have to offer promotional allowances to gain shelf space.
• E) Online retailers are commonly involved in the illegal act of diverting products to out-of-channel distributors.

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Definitions:

Postbox Rule

A legal principle that an offer is considered accepted once the acceptance is dispatched by the offeree, not when it is received by the offeror.

Elephant Garlic

A large, mild-flavored variety of garlic that resembles a bulb of leek rather than a true garlic.

Invitation to Treat

An invitation for parties to make an offer, which can then be accepted or rejected, not an offer itself.

Breach of Contract

The violation of any term or condition in a contract without lawful excuse.