Question

In the text, when the authors refer to chain stores they are normally referring to operations having _____ or more units?

1) 2
2) 7
3) 10
4) 20
5) 25

Answer 1

The term 'chain stores' commonly refers to operations with 10 or more units within business contexts.

Step-by-step explanation:

When the authors refer to chain stores, they are normally referring to operations having 10 or more units. This definition commonly applies in the context of business studies where chain stores are differentiated from single-store operations based on the number of outlets they operate. Larger chains, such as those with more than 20 units, may have some distinct considerations compared to smaller chains, but the baseline for being considered a chain store usually starts at 10 units.

Answer 2

Chain stores are typically referred to as operations having 10 or more units in the context of business and retail operations.

The correct option is 3.

Step-by-step explanation:

In the context of the provided text, the authors refer to chain stores as operations having 10 or more units. This is derived from the information that typically, a chain is considered to have a significant number of units, distinguishing it from single-unit operations or very small chains.

As the question proposes a range of numbers, the choice of 10 units is a commonly accepted starting point for what is considered a chain in the context of business and retail operations.

The correct option is 3.