Answer:
Formally defined, the principles of management are the activities that plan, organize and control the operations .
Explanation:
Answer:
c
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Over the last several decades, power in supply chains has increasingly been shifting to retailers.
A retailer, sometimes known as a merchant, is a business that sells products directly to customers, such as groceries, vehicles, or apparel, with the intention of making a profit. This business may run both online and in a physical location.
The supply chain's consumer-facing component is represented by retailers, with whom most consumers have regular interactions. They are available in numerous varieties, designs, and sizes.
A producer, wholesaler, or another distributor often sells their products to retailers, who subsequently resale them to the general market. Large retailers like Walmart and Target acquire products in bulk from producers or wholesalers, but local grocers or tiny, family-run pharmacies can also buy from these places or from smaller suppliers.
To learn more Retailers refer to:
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Answer:
Letter A is correct.<u><em> Retailer cooperative.</em></u>
Explanation:
Retail cooperative is a collaborative marketing strategy that encompasses collective advertising, branding, promotion, and other efforts to benefit all companies involved in the cooperative.
The choice of participating retailers must be analyzed and selected through strategy so that collective efforts are enhanced. Collaboration can occur through :
- Co-branding
- Cooperative branding
- Practical cooperation
- Complementary Branding
This strengthening strategy is very effective, cooperative marketing strategies assist in brand strengthening, market gain, economies of scale, increased reliability and revenue
