Question

Department stores can do with small amount of capital! TRUE or FALSE?

Answer 1

The answer is True

Answer 2

The statement is false.

• It is a retail establishment that facilitates the selling of numerous commodities at various counters or departments within the same structure.
• Its ultimate aim is to adequately meet almost every potential consumer's specific demand under one roof. It is divided into several departments, each of which focuses on a particular type of product.
• Since these stores place a more significant focus on delivering facilities, their operating costs are higher. As a direct result of these costs, the prices of products are high.