1.

State The Advantages And Disadvantages Of Chain Stores?

Answer»

Advantages of chain stores are as follows:

  1. They avail the advantages of bulk purchasing.
  2. They have the benefit of specialisation in a particular type of PRODUCT.
  3. They usually have low operating costs.
  4. Such shops sells only on CASH basis.
  5. There is flexibility of operation in this system.
  6. As sales are on cash terms, the risk of bad debts is eliminated.

Chain stores have the following disadvantages:

Advantages of chain stores are as follows:

Chain stores have the following disadvantages:


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