Informal buying organizations are generally found in _____.

Name: Informal buying organizations are generally found in _____.
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Question

Quizplus · Accepted Answer

Informal buying organizations are typically found among independent retailers who come together to pool resources and purchasing power to achieve better prices and terms from wholesalers or manufacturers. Chains, department stores, and variety stores are more likely to use formal buying organizations such as centralized buying offices or corporate purchasing departments.

Informal Buying Organizations Are Generally Found in _____