What is a vertical marketing system?

What will be an ideal response?


A vertical marketing system (VMS) is a system in which the main members of a distribution channel-producer, wholesaler, and retailer-work together as a cooperative group to meet consumer needs.

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d. giving employees decision-making authority

a. The same control system or level of empowerment should be imposed on all employees. b. Specific workplace criteria should not be imposed between an employee and the chance at empowerment. c. Employees that do not want to be empowered should be forced into it. d. Not all employees should be provided with the opportunity to be empowered.

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Contract law varies significantly from country to country, in part reflecting the two types of legal tradition-commercial law and civil law. 

Answer the following statement true (T) or false (F)

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A blind person will be held to the standard of care of the reasonable blind person rather than that of the reasonable sighted person for purposes of determining negligence

a. True b. False Indicate whether the statement is true or false

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Restrictive covenants are designed to protect both the bondholder and the issuer even though they might constrain the actions of the firm's managers. Such covenants are contained in the bond's indenture.

Answer the following statement true (T) or false (F)

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