There Are Three Types of Contractual Vertical Marketing Systems (VMS)

question 79

Essay

There are three types of contractual vertical marketing systems (VMS).List the systems and provide a brief description of each.

---

Definitions:

Classification

The systematic arrangement of entities in a structured form, usually based on common characteristics or attributes.

Preoperational Thought

Describes one of Piaget's stages of cognitive development, typically occurring from age 2 to 7, marked by symbolic thinking, egocentrism, and a lack of logical reasoning.

Intuitive Thought

The ability to understand or know something without conscious reasoning or direct evidence.

Symbolic Function

The ability of a person, especially a child during developmental stages, to represent objects, people, and events with symbols or words.