Which of the Following Statements Regarding Corporate Chains Is Most

question 249

Multiple Choice

Which of the following statements regarding corporate chains is most accurate?

• A) Corporate chains usually avoid using centralized decision-making.
• B) Corporate chains generally own most if not all of their suppliers so they do not have to negotiate for price.
• C) Consumers have fewer choices in merchandise since all buying decisions are made unilaterally.
• D) Corporate chains offer the least benefit to consumers since they are the farthest removed from the ultimate consumer.
• E) Corporate chains are multiple outlets under common ownership.

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Definitions:

Hawthorne Works

A series of studies conducted at the Hawthorne Works in Chicago that looked into how different conditions affect the productivity of workers.

Western Electric Company

An American electrical engineering and manufacturing company that was the primary supplier for AT&T and its Bell System.

Lucent Technologies

A former telecom giant known for its innovations in telecommunications and networking equipment, eventually merged with Alcatel.

Hawthorne Effect

A phenomenon where individuals modify an aspect of their behavior in response to their awareness of being observed.