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An Administered VMS coordinates successive stages of production and distribution through size and power of one of the party.

What is Administered VMS?

Administered VMS exists a vertical marketing system that coordinates successive phases of production and distribution through the size and power of one of the parties.  “One member of the channel exists large and powerful enough to coordinate the movements of the other members without an ownership stake.” An administered system with efficient control- VMS allows a company to have better administration of all parties interested in the channelization of a business.

A VMS that coordinates successive stages of production and distribution, not via common ownership, but through the size and power of one of the parties.

Ownership stands for the state or fact of legal possession and control over property, which may be any asset, tangible or intangible. Ownership can involve numerous rights, collectively referred to as titles, which may be divided and held by different parties.

To learn more about Administered VMS refer to:

https://brainly.com/question/15871755

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