R&M Group,a Consumer Products Company Based in Libya,conducted a Market

question 36

Multiple Choice

R&M Group,a consumer products company based in Libya,conducted a market research.The research indicated that there was a lack of branded soft drinks in the market,even though there were several local soft-drink manufacturers.The company purchased the right to produce and distribute soft drinks of Fizzpop,Inc.(a leading U.S.based soft-drinks firm) .R&M Group also sources the supplies from Fizzpop,Inc.to ensure that the taste of the product remains the same.In this scenario,which of the following business methods does R&M Group use?

• A) joint venture
• B) shakeout
• C) vertical integration
• D) manufacturing franchise
• E) delayering

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Definitions:

Add

To combine or join one thing with another, increasing the amount, number, or the total.

Inference Forms

Logical sequences in which the conclusion is a direct result of the premises presented.

MP

Short for Member of Parliament, an individual elected to serve as a representative of the citizens in the parliamentary government.

Conj

An abbreviation often used for "conjunction," a logical operation that combines two conditions or statements, resulting in truth only if both elements are true.