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- Features of chain stores include123:
- Centralized management
- Standardized business practices
- Uniformity in outward appearance and interior layout
- Dealing in the same type of products across all branches
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The features of chain stores are:
- Role of sales personnel.
- Location.
- Centralised management.
- Nature of the products.
- Fixed price.
byjus.com/question-answer/what-are-the-features-…Features of chain stores
- Purchases are centralized
- Sales are decentralized
- Prices are standard for all their products in all their branches
- All branches deal in the same type of products
knecnotes.com/features-of-chain-stores/Features i. Location These shops are located in fairly populous localities where sufficient number of customers can be approached. ii. Nature of product These shops deal in a particular product line and specialise in the same product i.e, standardised and branded consumer products.www.brainkart.com/article/Chain-Stores-or-Multipl… - People also ask
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- i. Location These shops are located in fairly populous localities where sufficient number of customers can be approached. ii. Nature of product These shops deal in a particular product line and specialise in the same product i.e, standardised and branded consumer products. iii. Centralised management The manufacturing or procurement of goods for al...
- Estimated Reading Time: 3 mins
- Published: Nov 7, 2018
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WEBThe features of chain stores are: Role of sales personnel. Location. Centralised management. Nature of the products. Fixed price.
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