Business Studies

Which of the following is not a feature of Chain store?


ANSWER

As the size of these stores is very large, they are generally formed as a joint stock company.


SOLUTION
Chain store is that it deals in one type of product. Thus the idea behind multiple shops is specialisation. Thus we can say that chain stores mean a group of stores, handling similar lines of merchandise with single ownership and scattered location
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Single Correct Medium Published on 18th 08, 2020
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