Examlex
A central difference in the development of industrialization in Great Britain and the United States on the one hand and continental Europe on the other was the involvement of:
Administered Vertical Marketing System
A coordinated marketing system where a dominant channel member organizes promotional activities and other aspects of the marketing mix without owning the production or distribution elements.
Reward Power
The capability to influence others' behavior by offering them positive incentives or benefits.
Channel Member
An entity that plays a role in the distribution process of products, from manufacturers to end consumers, including wholesalers, retailers, and distributors.
Compensation
Payment or benefits that an employee receives in return for their work, which can include salary, wages, benefits, and bonuses.
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