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- Disadvantages of multiple stores include12345:
- Limited choice for buyers as multiple stores deal in one particular line of goods.
- Lack of personal contact with customers.
- Managing all branches properly becomes difficult if there are many branches.
- High overhead and operational costs.
- Limited range of products.
- Lack of efficient employees.
- Lack of initiative on the part of the selling force.
- Buyers have no credit facility.
- Individual taste is not likely to be fulfilled.
- Large capital requirement.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Disadvantages: (i) A multiple store provides buyers with limited choice as it deals in one particular line of goods. (ii) There is a lack of personal contact with customers. (iii) If there are many branches, managing all of them properly becomes and standardised products are difficult.www.yourarticlelibrary.com/business/characteristic…The disadvantages of multiple shops are – there is no personal contact between the actual owner and the buyer; buyers have no choice, no credit facility, no initiative on the part of the selling force, heavy overhead, possibility of fraud for any lack in supervision, individual taste is not likely to be fulfilled, and huge capital requirement.www.yourarticlelibrary.com/business/multiple-shop…Disadvantages Of Multiple Shops Or Chain Stores
- 1. More capital required More capital needs to invest in multiple shops to establish and operate them in different parts of the country. ...
- 2. Limited range of products Multiple shops sell only one or some limited kinds of products. ...
marketinglord.blogspot.com/2012/06/disadvantage…Disadvantages Of Multiple Shops
- 1. Large Capital Requirement It requires large amount of capital to operate multiple shops. ...
- 2. Limited Choice This is another main drawback of chain stores or multiple shops. ...
benefits-drawbacks.blogspot.com/2018/06/disadva…Disadvantages of Multiple Shops: i. In so far as the branch shops are situated in the interior, they do not attract large number of customers and they suffer from the same handicaps as a centrally situated department store. ii. Such shops deal only in a few articles and only in well known brands. So buyers have limited choice.www.businessmanagementideas.com/products/pro… - People also ask
WEBFeb 7, 2024 · Disadvantages of Chain/Multiple Stores. The disadvantages of Chain/Multiple Stores are as follows: 1. Limited Selection of Goods: Some multiple stores only sell a limited number of products. This is especially the case of chain stores, which …
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WEBDisadvantages: (i) A multiple store provides buyers with limited choice as it deals in one particular line of goods. (ii) There is a lack of personal contact with customers. (iii) If …
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- 1. Business Chains
Business chains are retail outlets that are owned by the same company. For example, Gap Inc. owns Old Navy, Banana Republic, and Athleta. - 2. Franchises
A franchise is a type of chain store that is owned by an individual but operated under the name of a larger company. For example, 7-Eleven is a franchise chain store.
- Published: Jun 10, 2022
- 1. Business Chains
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WEBDisadvantages of Multiple Shops: i. In so far as the branch shops are situated in the interior, they do not attract large number of customers and they suffer from the same …
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WEBFeb 2, 2024 · Macy’s departure leaves Simi mall without an anchor. The Macy’s department stores in The Oaks mall will soon be the only ones on the east side of Ventura County. …
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