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Ashland Began as a Regional Petroleum Refinery Business

Question 64

Multiple Choice

Ashland began as a regional petroleum refinery business. Then it opened Ashland Distribution which has become a leading distributor of oil-based products in the United States. This is an example of a(n) _____ that operates in the business market.


A) contractual VMS
B) administered VMS
C) wholesaler-sponsored voluntary chain
D) corporate VMS
E) franchise system

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