JAMB Commerce 2008 Question 21

Question 21

Retail Trade

A type of retail trade where a group of similar stores which is owned by a firm operates in different locations is a

  1. A.conglomerate
  2. B.chain store
  3. C.departmental store
  4. D.supermarket.
Show the answer and explanation

Answer: B (chain store)

Explanation

Chain (multiple) stores are many similar shops owned by one firm in different towns.