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Internal Trade

Question

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What do you mean by Multiple Shops ?

Solution

Multiple shops refer to retail shops started and controlled by a single organization and located in different parts of a city or throughout the country. These shops are also known as chain stores.

Multiple shops deals in a limited variety of products. Same line of products are available in every shop which is run by a manager. There is uniformity in the outward selling and interior display of products of all the stores.

Some More Questions From Internal Trade Chapter

What is “one-price shop” ?

Give the types of Multiple Shops.

Explain manufacturer’s shops.

Explain middlemen shops.

Explain automatic vending machines as a form of large scale retailing.

Enlist types of wholesalers.

Differentiate between Itinerant and Fixed shops.

What do you mean by Multiple Shops ?

Explain three features of “Multiple Shop”;

What is meant by internal trade ?

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