Which of the following is a feature peculiar to multiple shops?

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

Question 1 Report

Which of the following is a feature peculiar to multiple shops?
Answer Details
The feature peculiar to multiple shops is central buying. Central buying is the process of purchasing goods or products from a single central location, which are then distributed to various branch locations. This feature allows the multiple shops to take advantage of economies of scale and negotiate better prices with suppliers due to the large volume of purchases. Central buying also helps to maintain consistency in the products available across all branch locations. It ensures that the quality and pricing of products remain the same, regardless of the branch location, making it easier for customers to know what to expect when they visit any of the branches. On the other hand, self-service, central location, and one-stop shopping are not unique to multiple shops. Self-service is a common feature in many retail stores, central location may or may not be applicable to multiple shops, and one-stop shopping can be found in various types of retail stores as well.

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