TrueValue,Ace,and Handy Hardware are all examples of a(n):
A) retailer-owned cooperative.
B) contractual vertical marketing system.
C) wholesaler-sponsored voluntary group.
D) independent retailer.
E) franchisee.

Question

Quizplus · Accepted Answer

TrueValue, Ace, and Handy Hardware are all examples of retailer-owned cooperatives, where independent retailers come together to form a cooperative and gain buying power, marketing support, and other benefits while maintaining their independence.

TrueValue,Ace,and Handy Hardware Are All Examples of A(n)