Small retailers seeking to match the same bargaining power as major chains should seek to utilize ________.
A) an inside buying organization
B) a decentralized buying organization
C) resident buying offices
D) cooperative buying

Question

Quizplus · Accepted Answer

Cooperative buying allows multiple small retailers to pool their resources and purchasing power together to negotiate better deals with suppliers, similar to the bargaining power of major chains. Inside buying organizations, decentralized buying organizations, and resident buying offices are all internal buying strategies used by larger companies, and may not be feasible for smaller retailers.

Small Retailers Seeking to Match the Same Bargaining Power as Major