Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Please be clear, concise and up to the point in your answer. Give real world examples to support your arguments. A critic claimed that a

Please be clear, concise and up to the point in your answer. Give real world examples to support your arguments.

A critic claimed that a business that neither manufactures nor sells directly is doomed because it is forced to compete exclusively on price. Which of the following is the BEST criticism of this argument? Explain. A) It ignores the fact that improvements in wholesaler efficiency are relatively easy to duplicate. B) It fails to demonstrate that traditional retailing businesses are also in jeopardy. C) It fails to recognize the possibility that wholesalers can add value to different partners in the supply chain. D) It does not specify how wholesalers can reduce costs most effectively. E) It does not account for the fact that wholesalers need to be large in order to take advantage of economies of scale.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions