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What are the features and characteristics of chain stores?

What are the features and characteristics of chain stores?

Answers


Maurice
(i) The prices are standard in shops.

(ii) Goods can be transferred from one shop to another.

(iii) Mainly deal in fast moving goods such as household goods.

(iv) Owned by the same business organization.

(v) Managed and controlled by a central administration at the head office.

(vi) Each shop is managed by a branch manager accountable to the head office.

(vii) Goods are sold strictly on cash basis.
maurice.mutuku answered the question on July 8, 2017 at 06:47

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