Q.4. Name and explain the network of retail shops that are owned and operated by a manufacturer or dealer.

Dear student, 


The network of retail shops that are owned and operated by a manufacturer are chain stores. 
The following are the features of chain stores:

• They are located at different localities making it convenient for the customers.
• The management and supervision of each chain stores is with the branch manager. 
• They are centrally controlled by a head office. 
• There is no bargaining in such stores. 
• The head office keeps a check on the operations and quality of different stores