Question
Four merits of canteen located in a college.
Answer
- Convenient location
- May not pay rent –low cost
- Easy to raise capital –small sized
- Hardly pay any license fee
- Predetermined hours of business
- Market assured –localized monopolies
- May not pay rent –low cost
- Easy to raise capital –small sized
- Hardly pay any license fee
- Predetermined hours of business
- Market assured –localized monopolies
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