Retailers can compete with online retailers by using which of the following distribution systems to be more efficient?Multiple select question.InternalAdministeredCorporateContractual
Question
Retailers can compete with online retailers by using which of the following distribution systems to be more efficient?Multiple select question.InternalAdministeredCorporateContractual
Solution
Retailers can compete with online retailers by using the following distribution systems to be more efficient:
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Internal: This system involves the retailer managing all distribution and logistics in-house. This can lead to greater control over the distribution process, potentially leading to increased efficiency.
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Administered: In an administered system, one member of the distribution channel is dominant and controls the activities of other members. This can lead to increased efficiency through coordinated efforts.
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Corporate: A corporate distribution system involves the ownership of all levels of the distribution channel by a single organization. This can lead to increased efficiency through streamlined processes and unified decision-making.
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Contractual: In a contractual distribution system, independent firms at different levels of the distribution channel join together through contracts to obtain economies of scale and coordination to compete more effectively. This can also lead to increased efficiency.
So, all of the above options can potentially help retailers compete with online retailers by increasing their distribution efficiency.
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