A company operating multiple retail units under common ownership and usually has centralized decision making for defining and implementing its strategy is called a:
A) franchise
B) single-store establishment
C) retail chain
D) wholesale-sponsored voluntary cooperative group
E) full-line discount stores

Question

Quizplus · Accepted Answer

A retail chain is a company that operates multiple retail units under common ownership with centralized decision-making for strategy implementation.

A Company Operating Multiple Retail Units Under Common Ownership and Usually