Define the following terms
a)chain stores
b)Departmental stores
c)Hypermarkets
Answer:
a)chain stores
-are retaillers with separate branches which are managed and controlled centrally by one office
b)Departmental stores- are large buildings which have many single shops under one roof and management
c)Hypermarkets
-Are large shopping centres in one building comprising of a variety of businesses under different management mostly located in the outskirts of towns
d)Supermarkets-are shops where goods sold on self-service basis.