True Value is a retailer-owned cooperative with over 4,000 independent retail locations worldwide. Members of True Value own their individual stores and operate independently. True Value helps its members procure materials at a low cost
What kind of a marketing system is True Value? Explain briefly.
Indicate whether the statement is true or false
True Value is a type of contractual VMS. It is a retail cooperative wherein retailers take the initiative and organize a new business entity to carry on wholesaling and possibly some production.
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During the candidate selection process, human resource managers should try to predict how long a candidate will stay in the job.
a. true b. false
A Subway franchisee does not do a good job managing food safety. Customers purchase sandwiches that contain expired turkey and become ill reflecting poorly on the brand and exposing the company to liability. This is an example of:
a. A disadvantage for the franchisee - the cost associated with this incident will be a burden to the franchise owner. b. An advantage for the franchisee - the franchisee can expect that the franchisor will cover any legal fees associated with the incident. c. A disadvantage for the franchisor - a lack of control over the franchisee resulting in damage to the brand.