Rakesh and Satish decide to open a retail shop. Which of the following describes their nature of business?

Partnership stores

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Co-operative stores

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Dollar shops

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Departmental store

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Solution

The correct option is B Co-operative stores
Few retail shops are owned by a single person but some are owned by group of persons. These retail shops owned by a group of persons are known as the co-operative stores.

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Rakesh and Satish decide to open a retail shop. Which of the following describes their nature of business?

The correct option is B Co-operative storesFew retail shops are owned by a single person but some are owned by group of persons. These retail shops owned by a group of persons are known as the co-operative stores.

The correct option is B Co-operative stores
Few retail shops are owned by a single person but some are owned by group of persons. These retail shops owned by a group of persons are known as the co-operative stores.