Multiple/chain store - SS1 Commerce Past Questions and Answers - page 1
What is a characteristic feature of a multiple or chain store?
Unique branding for each location
Inconsistent pricing across locations
Standardized layout and operations
What advantage does a multiple or chain store offer?
Local flair and uniqueness
Personalized service at every location
Consistent quality across different locations
What is a potential disadvantage of a multiple or chain store?
Wide product range
Limited personalization
Strong local presence
What advantage do chain stores often have due to economies of scale?
Inconsistent quality
Local brand recognition
Competitive prices
What may chain stores face competition from in the modern retail landscape?
Homogenization of culture
Digital platforms and online retailers
Limited flexibility in operations
What is one advantage of a multiple or chain store.
Chain stores may have the advantage of economies of scale, allowing them to offer competitive prices.
What is a potential disadvantage of shopping in a multiple or chain store?
Chain stores may lack the local character or uniqueness found in independent stores or local shops.