Which of the Statements About Corporate Chains Is NOT True

question 199

Multiple Choice

Which of the statements about corporate chains is NOT true?

• A)Corporate chains are multiple outlets under common ownership.
• B)Corporate chains usually use centralized decision making.
• C)Corporate chains are able to negotiate with suppliers for special services or volume discounts.
• D)Corporate chains account for over 60 percent of total retail trade in Canada.

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Definitions:

Optimizing Decision

The process of finding the most efficient, effective, or achievable decision under the given constraints, often using rigorous methods of analysis.

Absolute Best

The highest possible standard or quality that can be achieved in a specific context.

Satisficing Decision

A decision-making process that seeks a satisfactory rather than an optimal solution, prioritizing adequate over perfect results due to limitations.

Acceptable Alternative

An option deemed suitable or satisfactory for achieving a goal, often considered in decision-making processes.