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JAMB Commerce 2008 Objective — Question 21

Question 21 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2008 Objective paper, with the correct answer and a full explanation.

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21. A type of retail trade where a group of similar stores which is owned by a firm operates in different locations is a

  • A. conglomerate
  • B. chain storeCorrect
  • C. departmental store
  • D. supermarket

Explanation

A chain store is a group of similar retail shops selling the same type of goods, all under the control of a head office.

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