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Question

Explain briefly any 3 characteristics of multiple shops.

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Solution

Three characteristics of multiple shops are :

1. Chain stores or multiple shops are the network of a number of indentical retail shops located in different parts, owned and controlled by a single organisation.

2. Generally chain stores specialise in one line of product.

3. The goods for all the chain stores are purchased by the head office to maintain uniformity in products sold at different retail showrooms.


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