Over time, members of the supply chain often formalize their relationship by entering into contracts that dictate various terms, such as how much walmart will buy from p& g each month and at what price, as well as the penalties for late deliveries. this contract is an example of a(n) multiple choice a) franchise agreement. b) joint venture. c) contractual vertical marketing system. d) administered vertical marketing system. e) interdependent contract.

The advantage of administering personality tests on employees is that it will allow the employer to know the mindset and personality of the employee. this will allow the employer to at least have an idea as to how the employee works and how his attitude in the workplace. the disadvantage is that it may make the employee a little anxious as to whether he would meet the personality requirements of the employer and whether he would be able to retain the job or not.