Which of the following is a feature peculiar multiple shops?

Assessment: WAEC SSCE - Commerce - 2005 (Objective) Subject: Commerce

Question 1 Report

Which of the following is a feature peculiar multiple shops?
Answer Details
The feature peculiar to multiple shops is central buying. Multiple shops are a group of retail stores owned by a single organization or company. In central buying, the company or organization that owns the multiple shops purchases goods and services centrally for all the stores in the chain. This allows the company to take advantage of economies of scale and negotiate better prices from suppliers. It also ensures that the stores have consistent merchandise and pricing, which helps to build brand recognition and customer loyalty. This feature is unique to multiple shops, as independent retailers typically purchase their goods and services individually.

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