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

What are the disadvantages of chain stores?


Open in App
Solution

The disadvantages of owning a chain store are:

  • Inflexible in practice.
  • Need for a heavy amount of capital.
  • Heavy loss on change in demand.
  • Lack of credit facilities.
  • Lake of personal services.
  • High operational costs.

flag
Suggest Corrections
thumbs-up
4
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Sources of Finance II
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon