Which of the following is an advantage of having a marketing cooperative?
A) Sellers get a steady supply of raw materials for their produce.
B) Buyers get a steady supply of finished products.
C) Sellers can save resources they would have spent on marketing and instead specialize in production.
D) Buyers face lower risks of opportunism.
Correct Answer:
Verified
Q1: A hierarchy is usually a group of
Q2: Independent workers using specialized capital save the
Q3: In business organizations, the specialization of workers
Q4: In a merger, the outsider buys the
Q5: Risk-averse people prefer to hold assets whose
Q7: If the owners of different types of
Q8: In a perfectly competitive market, traders bear
Q9: When a single individual performs all the
Q10: Partnership can function as an efficient organizational
Q11: A residual claimant with supervisory powers resolves
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