wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Distinguish between the following.

Chain Store and Supermarket shop.

Open in App
Solution

Basis of Difference Chain Store Supermarket shop
1. Meaning Large scale retail shop with a large number of branches that are managed and controlled by a single organization Large-scale retail store, mainly selling food and grocery items on a self-service basis
2. Number of branches Large number of branches May or may not have branches
3. Investment Large investment is required for the opening and maintenance of branches Relatively less capital is required, as it deals only in food and grocery items
4. Location Located in different parts of cities Located at central places of a city
5. Basis of services Chain stores have salesmen to demonstrate the product. As there are no salesmen, customers have to choose goods on the basis of information given on packaging

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Fixed Shop Large Stores
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon