There Are Three Variations of Contractual Systems: Wholesaler-Sponsored Voluntary Chains

question 141

Multiple Choice

There are three variations of contractual systems: wholesaler-sponsored voluntary chains, franchising, and

• A)service-oriented voluntary chains.
• B)channel-dominated voluntary chains.
• C)distributorship cooperatives.
• D)retailer-sponsored cooperatives.
• E)reseller franchising.

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Definitions:

Ascribed Statuses

Social positions individuals are born into, such as family background, race, and gender, which are involuntary and not achieved by personal effort or merit.

Social Stratification

The hierarchical arrangement of individuals or groups in society based on wealth, power, status, or other criteria.

High Mobility

Refers to the ability of individuals, goods, or information to move or be moved quickly and easily within or across geographical, social, or digital spaces.

Equality of Opportunity

The principle that all individuals should have the same opportunities to achieve success and advancement, without discrimination based on race, gender, class, or other irrelevant factors.