What term is used for community pharmacies that are individually owned?

Prepare for the Walgreen's Retail Pharmacy Test. Study with flashcards and multiple choice questions, each with hints and explanations. Boost your confidence and get ready to excel in your exam!

The term used for community pharmacies that are individually owned is "independent pharmacies." These pharmacies are often operated by pharmacists who have the autonomy to make decisions related to the business, from selecting the products they carry to managing customer service. Independent pharmacies usually focus on personalized care and the specific needs of their local communities, allowing them to build strong relationships with their customers.

In contrast, chain pharmacies operate under a larger corporate structure, where multiple pharmacy locations share the same branding and standard operating procedures, typically aiming for higher volume and consistency across locations. Franchise pharmacies involve a business model where an individual operates under the franchisor's brand and guidelines but does not have the same level of independent ownership as an independent pharmacy. Online pharmacies primarily operate through e-commerce platforms, providing prescription medications and health supplies via the internet rather than through traditional storefronts.

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