General merchandise,single line stores,and specialty stores are so named based on which of the following classification bases?

Question

Quizplus · Accepted Answer

General merchandise, single line stores, and specialty stores are classified based on the kind of business they are engaged in. General merchandise stores carry a variety of products, while single line stores specialize in one type of product only, and specialty stores offer a limited range of products that cater to specific consumer needs, preferences, and interests.

General Merchandise,single Line Stores,and Specialty Stores Are So Named Based