McDonald's has a multichannel distribution system in which it operates its own locations and has franchise agreements with other locations. Operating its own locations is a(n) _____, while the franchises represent a(n) _____.
contractual VMS; corporate VMS
corporate VMS; contractual VMS
administered VMS; contractual VMS
corporate VMS; administered VMS
administered VMS; corporate VMS
Answer: corporate VMS; contractual VMS