Question

in which retail store consumers are the owner​

Answer 1

Answer:

The answer for the given situation is " Consumer Cooperative Stores ".

Explanation:

Retail store consumers are the owners in case of consumer cooperative stores. This type of business is based on this unique feature. Any consumer who aims at becoming a part of such a retail store can easily buy off shares and become a member. The members function according to the dividend of the shares, they run the administration themselves, too.

Answer 2

The consumers are the owners in Consumer Cooperative Stores.

Explanation:

• The consumer’s cooperative stores are a form of a retail establishment that is operated and organized by the consumers itself.  

• These stores are set for the convenience of the people themselves, for obtaining products for daily use at low prices.  

• These stores operate with the objective of eliminating the middlemen or agents and the profits that goes to them by creating a direct contact with the manufacturers.  

• They operate in the market system and are independent in their functions and are managed by the people for service than for profits.

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