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:

Profit Forecast

An estimation of future financial earnings or losses, typically focusing on income and expenses, over a specified period.

Sole Proprietorship

A business structure where a single individual owns, manages, and is responsible for all aspects of the business.

Married Couple

A legally wedded partnership comprising two individuals who have undergone a marriage ceremony and are recognized as spouses.

Angel Investor

An angel investor is a wealthy individual who provides capital to start-ups or entrepreneurs, often in exchange for ownership equity or convertible debt.