Systems in which retailers organise a new, jointly- owned business to carry on wholesaling and, possibly, production activities are known as:
A) manufacturer- owned chains.
B) franchised distribution channels.
C) retail cooperatives.
D) wholesaler- sponsored voluntary chains.
E) distribution cooperatives.

Question

Quizplus · Accepted Answer

Retail cooperatives are formed when retailers organize a new, jointly-owned business to carry on wholesaling and possibly production activities. This allows them to achieve economies of scale and better compete with larger chains.

Systems in Which Retailers Organise a New, Jointly- Owned Business