The goal of this activity is to demonstrate your understanding of retail ownership.

Match each retail ownership type to its corresponding examples.

$1$

Retail Chain

$2$ Franchise

Match each of the options above to the items below.

Buying power is high so prices and offerings are often more competitive; many stores operated by centralized decisions so not always focused on specific local customer needs

Owners have the immediate benefit of a well$-$known brand name store front; they must pay a high level of fees for benefits

Can tailor offerings to their customer needs; may not be able to have lowest prices due to low buying power with single store site, but can offer great customer service