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Direction: Read the following text and answer the questions that follow:
Malti often noticed that nuclear families where both husband and wife go to work find it difficult to cook as cleaning and cutting vegetables took a lot of time, so as an entrepreneur she started gathering information regularly and developed a new product line of selling chopped vegetables in hygienic packaging under the brand name ‘Sabjiwala’. She started her shop in her home space. In the beginning, she catered to the orders of customers directly but later on as demand increased, it was difficult for her to manage all the orders from that space. Her friends advised her to sell the products by opening her chain stores. This will increase her sales turnover and eventually the profits. Following her friend’s suggestion now she has expanded her business to an extent that from a small shop operating from her home, she has changed it to a chain store having its 6 branches in the city.
Q. ’Chains Stores are the examples of which type of retailers?
  • a)
    Fixed shop small retailers
  • b)
    Fixed shop large retailers
  • c)
    Itinerant retailers
  • d)
    Single line stores
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Direction: Read the following text and answer the questions that foll...
Understanding Chain Stores
Chain stores are a significant component of the retail landscape, characterized by their structure and operation.
Definition of Chain Stores
- Chain stores refer to a group of retail outlets that operate under the same brand and share a centralized management system.
- These stores typically sell similar products and follow standardized procedures, which enhances brand consistency and customer experience.
Type of Retailers
- In the context of the provided scenario, chain stores fall under the category of fixed shop large retailers.
- They often have multiple branches in various locations, allowing them to reach a broader customer base.
Characteristics of Fixed Shop Large Retailers
- Multiple Locations: Chain stores operate several outlets, making them easily accessible to consumers.
- Standardized Operations: They maintain uniformity in product offerings, pricing, and customer service across all branches.
- Economies of Scale: Larger retailers benefit from bulk purchasing and efficient logistics, which can lead to lower prices for customers.
Comparison with Other Retail Types
- Fixed Shop Small Retailers: These are single-store operations or small shops that do not have the scale or reach of chain stores.
- Itinerant Retailers: These retailers do not have a fixed location and often sell their products in different locations, unlike chain stores.
- Single Line Stores: These are specialized retailers that focus on a narrow range of products, which can be part of a chain but do not represent the entire chain concept.
In summary, Malti’s expansion from a small home shop to a chain store with multiple branches exemplifies the attributes of fixed shop large retailers, making option 'B' the correct answer.
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Community Answer
Direction: Read the following text and answer the questions that foll...
Fixed shop retailers are retail shops who maintain permanent establishment to sell their merchandise.
The characteristics of fixed shop retailers are:
  • They have greater resources and operate at a relatively large scale as compared with the itinerant traders.
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Direction: Read the following text and answer the questions that follow:Malti often noticed that nuclear families where both husband and wife go to work find it difficult to cook as cleaning and cutting vegetables took a lot of time, so as an entrepreneur she started gathering information regularly and developed a new product line of selling chopped vegetables in hygienic packaging under the brand name ‘Sabjiwala’. She started her shop in her home space. In the beginning, she catered to the orders of customers directly but later on as demand increased, it was difficult for her to manage all the orders from that space. Her friends advised her to sell the products by opening her chain stores. This will increase her sales turnover and eventually the profits. Following her friend’s suggestion now she has expanded her business to an extent that from a small shop operating from her home, she has changed it to a chain store having its 6 branches in the city.Q. ’Chains Stores are the examples of which type of retailers?a)Fixed shop small retailersb)Fixed shop large retailersc)Itinerant retailersd)Single line storesCorrect answer is option 'B'. Can you explain this answer?
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Direction: Read the following text and answer the questions that follow:Malti often noticed that nuclear families where both husband and wife go to work find it difficult to cook as cleaning and cutting vegetables took a lot of time, so as an entrepreneur she started gathering information regularly and developed a new product line of selling chopped vegetables in hygienic packaging under the brand name ‘Sabjiwala’. She started her shop in her home space. In the beginning, she catered to the orders of customers directly but later on as demand increased, it was difficult for her to manage all the orders from that space. Her friends advised her to sell the products by opening her chain stores. This will increase her sales turnover and eventually the profits. Following her friend’s suggestion now she has expanded her business to an extent that from a small shop operating from her home, she has changed it to a chain store having its 6 branches in the city.Q. ’Chains Stores are the examples of which type of retailers?a)Fixed shop small retailersb)Fixed shop large retailersc)Itinerant retailersd)Single line storesCorrect answer is option 'B'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Read the following text and answer the questions that follow:Malti often noticed that nuclear families where both husband and wife go to work find it difficult to cook as cleaning and cutting vegetables took a lot of time, so as an entrepreneur she started gathering information regularly and developed a new product line of selling chopped vegetables in hygienic packaging under the brand name ‘Sabjiwala’. She started her shop in her home space. In the beginning, she catered to the orders of customers directly but later on as demand increased, it was difficult for her to manage all the orders from that space. Her friends advised her to sell the products by opening her chain stores. This will increase her sales turnover and eventually the profits. Following her friend’s suggestion now she has expanded her business to an extent that from a small shop operating from her home, she has changed it to a chain store having its 6 branches in the city.Q. ’Chains Stores are the examples of which type of retailers?a)Fixed shop small retailersb)Fixed shop large retailersc)Itinerant retailersd)Single line storesCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the following text and answer the questions that follow:Malti often noticed that nuclear families where both husband and wife go to work find it difficult to cook as cleaning and cutting vegetables took a lot of time, so as an entrepreneur she started gathering information regularly and developed a new product line of selling chopped vegetables in hygienic packaging under the brand name ‘Sabjiwala’. She started her shop in her home space. In the beginning, she catered to the orders of customers directly but later on as demand increased, it was difficult for her to manage all the orders from that space. Her friends advised her to sell the products by opening her chain stores. This will increase her sales turnover and eventually the profits. Following her friend’s suggestion now she has expanded her business to an extent that from a small shop operating from her home, she has changed it to a chain store having its 6 branches in the city.Q. ’Chains Stores are the examples of which type of retailers?a)Fixed shop small retailersb)Fixed shop large retailersc)Itinerant retailersd)Single line storesCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Direction: Read the following text and answer the questions that follow:Malti often noticed that nuclear families where both husband and wife go to work find it difficult to cook as cleaning and cutting vegetables took a lot of time, so as an entrepreneur she started gathering information regularly and developed a new product line of selling chopped vegetables in hygienic packaging under the brand name ‘Sabjiwala’. She started her shop in her home space. In the beginning, she catered to the orders of customers directly but later on as demand increased, it was difficult for her to manage all the orders from that space. Her friends advised her to sell the products by opening her chain stores. This will increase her sales turnover and eventually the profits. Following her friend’s suggestion now she has expanded her business to an extent that from a small shop operating from her home, she has changed it to a chain store having its 6 branches in the city.Q. ’Chains Stores are the examples of which type of retailers?a)Fixed shop small retailersb)Fixed shop large retailersc)Itinerant retailersd)Single line storesCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Direction: Read the following text and answer the questions that follow:Malti often noticed that nuclear families where both husband and wife go to work find it difficult to cook as cleaning and cutting vegetables took a lot of time, so as an entrepreneur she started gathering information regularly and developed a new product line of selling chopped vegetables in hygienic packaging under the brand name ‘Sabjiwala’. She started her shop in her home space. In the beginning, she catered to the orders of customers directly but later on as demand increased, it was difficult for her to manage all the orders from that space. Her friends advised her to sell the products by opening her chain stores. This will increase her sales turnover and eventually the profits. Following her friend’s suggestion now she has expanded her business to an extent that from a small shop operating from her home, she has changed it to a chain store having its 6 branches in the city.Q. ’Chains Stores are the examples of which type of retailers?a)Fixed shop small retailersb)Fixed shop large retailersc)Itinerant retailersd)Single line storesCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: Read the following text and answer the questions that follow:Malti often noticed that nuclear families where both husband and wife go to work find it difficult to cook as cleaning and cutting vegetables took a lot of time, so as an entrepreneur she started gathering information regularly and developed a new product line of selling chopped vegetables in hygienic packaging under the brand name ‘Sabjiwala’. She started her shop in her home space. In the beginning, she catered to the orders of customers directly but later on as demand increased, it was difficult for her to manage all the orders from that space. Her friends advised her to sell the products by opening her chain stores. This will increase her sales turnover and eventually the profits. Following her friend’s suggestion now she has expanded her business to an extent that from a small shop operating from her home, she has changed it to a chain store having its 6 branches in the city.Q. ’Chains Stores are the examples of which type of retailers?a)Fixed shop small retailersb)Fixed shop large retailersc)Itinerant retailersd)Single line storesCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Direction: Read the following text and answer the questions that follow:Malti often noticed that nuclear families where both husband and wife go to work find it difficult to cook as cleaning and cutting vegetables took a lot of time, so as an entrepreneur she started gathering information regularly and developed a new product line of selling chopped vegetables in hygienic packaging under the brand name ‘Sabjiwala’. She started her shop in her home space. In the beginning, she catered to the orders of customers directly but later on as demand increased, it was difficult for her to manage all the orders from that space. Her friends advised her to sell the products by opening her chain stores. This will increase her sales turnover and eventually the profits. Following her friend’s suggestion now she has expanded her business to an extent that from a small shop operating from her home, she has changed it to a chain store having its 6 branches in the city.Q. ’Chains Stores are the examples of which type of retailers?a)Fixed shop small retailersb)Fixed shop large retailersc)Itinerant retailersd)Single line storesCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Direction: Read the following text and answer the questions that follow:Malti often noticed that nuclear families where both husband and wife go to work find it difficult to cook as cleaning and cutting vegetables took a lot of time, so as an entrepreneur she started gathering information regularly and developed a new product line of selling chopped vegetables in hygienic packaging under the brand name ‘Sabjiwala’. She started her shop in her home space. In the beginning, she catered to the orders of customers directly but later on as demand increased, it was difficult for her to manage all the orders from that space. Her friends advised her to sell the products by opening her chain stores. This will increase her sales turnover and eventually the profits. Following her friend’s suggestion now she has expanded her business to an extent that from a small shop operating from her home, she has changed it to a chain store having its 6 branches in the city.Q. ’Chains Stores are the examples of which type of retailers?a)Fixed shop small retailersb)Fixed shop large retailersc)Itinerant retailersd)Single line storesCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Read the following text and answer the questions that follow:Malti often noticed that nuclear families where both husband and wife go to work find it difficult to cook as cleaning and cutting vegetables took a lot of time, so as an entrepreneur she started gathering information regularly and developed a new product line of selling chopped vegetables in hygienic packaging under the brand name ‘Sabjiwala’. She started her shop in her home space. In the beginning, she catered to the orders of customers directly but later on as demand increased, it was difficult for her to manage all the orders from that space. Her friends advised her to sell the products by opening her chain stores. This will increase her sales turnover and eventually the profits. Following her friend’s suggestion now she has expanded her business to an extent that from a small shop operating from her home, she has changed it to a chain store having its 6 branches in the city.Q. ’Chains Stores are the examples of which type of retailers?a)Fixed shop small retailersb)Fixed shop large retailersc)Itinerant retailersd)Single line storesCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Commerce tests.
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