While Centralized Buying Enables Chain Retailers to Receive the Benefits

question 47

True/False

While centralized buying enables chain retailers to receive the benefits of bargaining power and quantity discounts,it may result in a poor fit with regional and local consumer needs.

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Definitions:

Net Benefits

The difference between the total benefits and total costs associated with an economic decision or project.

Greater Extraction

Refers to the increased removal of natural resources, such as minerals, fossil fuels, or timber from the environment, often for commercial purposes.

Best Use

The most efficient or profitable use of a resource, property, or asset, taking into consideration its potential to generate the highest return or utility.

Present Value Terms

The current worth of a future sum of money or stream of cash flows, given a specific rate of return.