______________ Means Selling a Product Through Only One Wholesaler or Retailer

question 150

Multiple Choice

______________ means selling a product through only one wholesaler or retailer in a particular geographic area.

• A) Exclusive distribution
• B) Direct distribution
• C) Intensive distribution
• D) Multichannel distribution
• E) Selective distribution

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Definitions:

Collective Bargaining

The process in which employers and a group of employees negotiate the terms and conditions of employment, including wages, hours, work practices, and more.

Wildcat Strike

A labor strike unauthorized by the workers' union leadership, often spontaneous and occurring in direct response to grievances or disputes without formal union approval.

Authorization

The process of giving someone the right or power to do something, often through a formal or legal document.

Union

An organization formed by workers to protect their rights, improve working conditions, and negotiate with employers on wages and other employment terms.