How can a firm benefit from involvement in a contractual VMS?

What will be an ideal response?

A contractual VMS consists of independent firms at different levels of production and distribution that join together through contracts to obtain efficiency, effectiveness, and low costs.

Business

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Cooperative buying is generally used by _____

a. inside buying organizations b. outside buying organizations c. small, independent retailers d. formal buying organizations

Business

Which of the following is not a primary cultural value?

A) Human B) Pragmatism C) Intellectual D) Ethicality

Business