Which Type of Buying Organization Generally Serves Noncompeting Retailers,offers Marketing

question 48

Multiple Choice

Which type of buying organization generally serves noncompeting retailers,offers marketing research expertise,and sometimes sponsors private-label goods?

• A)inside buying organization
• B)outside buying organization
• C)general buying organization
• D)specialized buying organization

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Definitions:

Centralized

A system or structure where decision-making authority is concentrated at a single point or in a single group, often within the upper levels of an organization.

Training and Development

The process by which an organization enhances the skills, capabilities, and knowledge of its employees through formal and informal educational methods.

Human Resources

The department within an organization responsible for managing all aspects related to employees, including recruitment, training, benefits, and compliance.

Affirmative Action

Policies and measures designed to increase the employment opportunities for historically excluded groups.