The XYZ Chain of Grocery Stores Purchases Enough Products on One

question 8

Multiple Choice

The XYZ chain of grocery stores purchases enough products on one deal to carry them over until the manufacturer's next regularly scheduled deal.This practice is known as _____.

• A) co-marketing 
• B) slotting 
• C) diverting 
• D) cooperative purchasing 
• E) forward buying

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Definitions:

Bureaucracy

A system of government or business administration characterized by many layers of management, strict policies and rules, and a highly structured organization.

Empower

To give authority or power to individuals or groups, enabling them to take control over their lives or circumstances.

Matrix Structures

Organizational design that combines functional and project-based departmentalization, facilitating resource sharing and functional expertise.

Decentralized System

An organizational or technological system where decision-making power and control are distributed away from a central authority.