Ace Hardware Is a National __________ That Allows Its Members

question 152

Multiple Choice

Ace Hardware is a national __________ that allows its members, retailers of paint and hardware products, to concentrate their buying power through wholesalers and more importantly plan collaborative promotional and pricing activities.

• A)service-sponsored retail system
• B)administered cooperative system
• C)retailer-sponsored cooperative
• D)manufacturer-sponsored cooperative
• E)wholesaler-sponsored voluntary chain

---

Definitions:

Social Contract

The social contract is a theory in political philosophy suggesting that people live together in society in accordance with an agreement that establishes moral and political rules of behavior.

Rousseau

Jean-Jacques Rousseau, an influential 18th-century philosopher known for his contributions to political philosophy, education, and literature.

Looking Glass

A metaphorical concept describing how an individual's self-understanding is shaped by how others perceive them.

Charles Horton Cooley

An early sociologist known for his theory of the "Looking Glass Self," which explains how individuals develop their sense of self through interactions with others and the perceptions of how they are viewed.