GreenFizz,a Popular Beverage Manufacturer,licenses Wholesalers in Various Markets to Buy

question 37

Multiple Choice

GreenFizz,a popular beverage manufacturer,licenses wholesalers in various markets to buy its syrup concentrate.These wholesalers are then allowed to process it further by carbonating and packaging GreenFizz's products to sell to retailers in their local markets.In this case,GreenFizz is participating in a(n) _____ vertical marketing system.

• A)selective
• B)administered
• C)corporate
• D)contractual

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Definitions:

NLRB

The National Labor Relations Board, a federal agency overseeing the enforcement of labor laws in relation to collective bargaining and unfair labor practices in the U.S.

Unfair Labor Practice

Activities prohibited by laws or regulations designed to protect the rights of workers and ensure fair treatment, such as discrimination, illegal firing, or retaliation.

Arbitration

The process by which an outside party settles a dispute between two other parties.

Mediation

The process by which an outside party attempts to help two other parties settle their differences.