A form of ownership that involves multiple outlets under common ownership is referred to as a(n)
A)corporate chain.
B)contractual system.
C)independent retailer.
D)administered system.
E)consumer cooperative.

Question

Quizplus · Accepted Answer

A corporate chain refers to multiple retail outlets that are owned and operated by a single corporate entity. This form of ownership permits the parent entity to maintain control over all of its outlets, including their design, layout, merchandise, and pricing. In other words, corporate chains enable companies to achieve economies of scale by centralizing their operations and resources across multiple locations. Examples of corporate chains include Walmart, Target, and Starbucks.

A Form of Ownership That Involves Multiple Outlets Under Common