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:

Housework

Routine tasks and chores done to maintain the household, such as cleaning, cooking, and laundry.

Husbands

Men who are married, typically referring to their role and responsibilities within the context of a marital relationship.

Ongoing Conflict

A situation where prolonged disputes or wars continue without resolution, often causing long-term social, economic, and political problems.

Divorce

The legal dissolution of a marriage by a court or other competent body.