Cooperative chains are formed by independent retailers to run their own buying organizations and conduct joint promotion efforts. They work together to pool their resources and compete with larger corporate chains. The other options listed are not accurate descriptions of cooperative chains.

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Cooperative Chains

Question 271

Multiple Choice

Cooperative chains:

A) are sponsored by wholesalers to try to compete with corporate chains.
B) are experiencing declining sales.
C) are formed by independent retailers to run their own buying organizations and conduct joint promotion efforts.
D) are consumer groups who run nonprofit buying associations.
E) All of the above are true.

Correct Answer: