O-LevelCommerceRetail trade7100/12 · Oct/Nov 2016 · Q71 Mark

Why is a chain store better able to survive than an independent retailer?

AAll branches sell the same range of products.

BChain stores have many sales assistants who offer personal service.

CEach branch is controlled by a manager who is responsible for its performance.

DLosses at one branch can be offset by profits at other branches.

✓ Correct answer

D: Losses at one branch can be offset by profits at other branches.

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Topic: Retail trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2016 Paper 1 Variant 2, question 7.

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