How is a chain pharmacy different from an independent pharmacy?

A chain pharmacy is distinct from an independent pharmacy primarily based on ownership and affiliation with larger corporate entities. Chain pharmacies are part of a larger group or franchise, which allows them to benefit from economies of scale, standardized procedures, and corporate branding. They often have a wide range of locations under the same name and are operated by a centralized company that supplies products and controls various aspects of the business.

In contrast, independent pharmacies operate on their own without affiliations to larger corporate chains. This independence allows them to tailor their services and product offerings to the community's specific needs. They can have more flexible pricing, personalized customer service, and the ability to stock products that may not be available at chain pharmacies due to their standardized inventory practices.

The other options don't accurately reflect the defining characteristics of the two types of pharmacies. Chain pharmacies are usually larger in scale, and independent pharmacies might not necessarily have larger medication volumes, as their stock can vary widely depending on their size and the community they serve.