there is centralised purchase as well as centralised sale in
A/departmental store
B/ chain store
c/both a and b
4 none of the above
Answers
Answered by
1
Answer:
chain store
Explanation:
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Answered by
0
Option (b) is the correct option.
Explanation:
There is centralised purchase as well as centralised sale in (b) chain store.
- Chain stores are multiple retail shops operating under one brand name and common ownership unlike franchising.
- Example: Croma or DMart.
- These shops often have similar looks and designs which helps them retain the brand identity.
- Though they have centralized purchasing and sale by the head office or the main branch, control of individual stores falls to the Branch/Store Manager.
- There is one head office where all the policy formation and control happens
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