3 point
A commerce teacher, while going through the topic "Internal trade” cites
the examples of 'Bata Shoe Company', having its headquarters in Mumbai
where it has its showrooms at different locations of the city as well as in
various cities all over India. The products of the company carry the same
price in all these showrooms. a. Identify the type of shop cited in the
example.b. State any four features of such shops.
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Therefore the percentage change in volume of the body of the same material for 10° C increase in temperature will be 3%
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The features of multiple shops or chain stores can be mentioned as follows:
- Central ownership and control. ...
- Uniformity in price and cash sales. ...
- Buying and selling policy. ...
- Limited range of products. ...
- Uniformity. ...
- Standardized goods.
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