A Retailing Chain in Which Local Store Managers Make Most

question 38

Multiple Choice

A retailing chain in which local store managers make most of the retailing decisions instead of the corporate headquarters can be described as:

• A) formalized.
• B) integrated.
• C) generalized.
• D) centralized.
• E) decentralized.

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Definitions:

Retail Stores

Physical establishments where goods are sold directly to the consumer.

Manufacturer

An entity or business that produces goods on a large scale using machinery, labor, and raw materials.

Agent

A person or entity authorized to act on behalf of another, often in business dealings or negotiations.

Legal Authority

The lawful right given to an individual or body to make decisions, to command, or to judge matters according to law.