Which of the Following Is True of Wholesaler-Sponsored Voluntary Chains

question 63

Multiple Choice

Which of the following is true of wholesaler-sponsored voluntary chains?

• A) They involve a parent company and an independent firm entering into a contractual relationship to set up and operate a business in a particular way.
• B) They involve a group of independent retailers uniting and agreeing to pool buying and managerial resources to improve competitive position.
• C) They involve a wholesaler contracting with a number of retailers performing channel functions for it.
• D) They involve a high degree of interorganizational planning and management and depend on the presence of a channel leader.

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Definitions:

Urban League

An historic American civil rights organization dedicated to economic empowerment and elevating the standard of living in historically underserved urban communities.

Population

The total number of people inhabiting a particular country, area, or place.

New York

A state in the northeastern U.S., known for its cultural, financial, and media capital, New York City, which encompasses iconic sites like the Statue of Liberty, Empire State Building, and Central Park.

Lynching

An extrajudicial killing by a group, primarily used in the United States to describe the murder of African Americans by mob action.