Question


An administered vertical marketing system refers to a marketing system
A. that achieves coordination at successive stages of production and distribution by contractual agreements between channel members.
B. that achieves coordination at successive stages of production and distribution by cooperation and consensus among all members of the marketing chain.
C. that achieves coordination at successive stages of production and distribution by the size and influence of one channel member rather than through ownership.
D. where a channel member (producer, wholesaler, or retailer) is elected to coordinate, direct, and support all other channel members.
E. that is run and coordinated completely outside the traditional chain of distribution by a firm that specializes in that industry's specific logistics needs.

Answer

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