A vertical marketing system that involves a contractual relationship between a wholesaler and small independent retailers to standardize and coordinate buying practices,merchandising programs,and inventory management efforts is referred to as a(n)
A) service-sponsored retail franchise system.
B) retailer-sponsored cooperative.
C) administered vertical marketing system.
D) manufacturer-sponsored retail franchise system.
E) wholesaler-sponsored voluntary chain.
Correct Answer:
Verified
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