Question

Fill in the blanks with suitable words relating to Multiple Shops:
(i) Various shops selling similar range of products at _________ price
and usually run by big manufacturers are called multiple shops.
(ii) For easy identification, all multiple shops of the same manufacturer
have similar display and _________ .
(iii) Since all sales are on cash basis there is no risk of ___________ .
(iv) Due to elimination of _____________ goods are available to customers
at low prices.
(v) The multiple shops are centrally managed by the _________ leading
to lack of initiative on the part of branch mangers.
(vi) Customers get standard quality and genuine goods through multiple
shops leading to public _______ in the products.
(vii) Multiple shops provide ________ variety of products for customers
through their branches.
(viii) These shops provide ________ of location through their presence in
main markets and busy shopping centre.

Answer 1

Answer:

The place where different types of shops are available within

one building is called :- Location

Answer 2

Answer:  

(i) Competitive  

(ii) Color schemes  

(iii) Bad Debt  

(iv) Competition  

(v) Parent retailer  

(vi) Interest  

(vii) Large  

(viii) Ease  

Explanation:  

• Multiple shops or chain stores are different shops all managed by a core retailer.
• These shops are similar to one another in terms of the color scheme used and the display pattern.
• As the sales are done through cash, no chance of bad debt arises.
• Competition is eliminated as a number of goods are sold at competitive prices, and to attract more customers low prices are kept.
• The core retail company manages multiple shops.
• Public interest is piqued as the quality of goods is satisfactory and the variety is exemplary.
• As the aim of these shops is to access large groups of customers, the location of these multiple shops is always at ease.