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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

State the meaning of multiple shops. - Commerce

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Question

State the meaning of multiple shops.

Short Note

Solution

A number of identical retail shops with similar appearance normally deal in standardized and branded consumer products established in different localities owned and operated by manufacturers or intermediaries are called Chain stores or Multiple shops.

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Types of Retailers
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Chapter 24: Retailing - Exercises [Page 249]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 24 Retailing
Exercises | Q II. 2. | Page 249
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