Which of the Following Is True of Retail Cooperative Organizations

question 29

Multiple Choice

Which of the following is true of retail cooperative organizations?

• A) They involve a parent company and an independent firm entering into a contractual relationship to set up and operate a business in a particular way.
• B) They involve a group of independent retailers uniting and agreeing to pool buying and managerial resources to improve competitive position.
• C) They involve a wholesaler contracting with a number of retailers performing channel functions for it.
• D) They involve a retailer assuming ownership of its primary manufacturer through the presence of a channel leader.

---

Definitions:

Intelligence

A complex trait that encompasses the ability to learn from experience, adapt to new situations, understand and handle abstract concepts, and use knowledge to manipulate one’s environment.

Mental Ability

The capacity to perform cognitive tasks, solve problems, and learn from experiences.

Artistic Ability

Refers to the skill or talent in creating visual, auditory, or performance artworks, often expressing imaginative or creative ideas.

Problem Solving

The process of working through details of a problem to reach a solution, involving identifying the problem, developing possible solutions, and choosing the best option.