Which of the following statements regarding corporate chains is most accurate?
A) Corporate chains cannot bargain with a manufacturer to obtain product volume discounts due to federal anticompetitive legislation-the Clayton Act as amended by the Sherman Act.
B) Corporate chains generally own most if not all of their suppliers-a practice known as forward integration-so they can save distribution costs.
C) Consumers have fewer choices in merchandise since all buying decisions are made by a decentralized buying committee.
D) Corporate chains offer the least benefit to consumers since they are the farthest removed from the ultimate consumer.
E) Corporate chains are multiple outlets under common ownership.
Correct Answer:
Verified
Q7: Outside the United States, large retailers include
Q22: There are three general forms of retail
Q29: The _ distinguishes types of retail outlets,
Q31: Which of the following is a commonly
Q33: A form of ownership that involves multiple
Q33: One method of classification categorizes a retailer
Q35: According to the text,_ provides third-party certification
Q39: One of the most common forms of
Q39: Most of the 3.7 million retail establishments
Q40: Aeon, Carrefour, Tesco, and Metro Group are
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents