A major competitive advantage of chains in contrast to independents is _____.

Question

Quizplus · Accepted Answer

The efficiencies due to doing wholesaling functions, such as purchasing in bulk and centralized distribution, is a major competitive advantage of chains in contrast to independents. This allows chains to offer lower prices and better inventory management, which can attract more customers and boost profits. Freedom from antitrust legislation and unionization are not necessarily advantages for chains, and independence of actions can vary depending on the corporate structure of the chain.

A Major Competitive Advantage of Chains in Contrast to Independents