Departmental stores are a combination of decentralised buying and centralised selling. Explain in detail.
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Centralized and Decentralized Purchasing: Meaning ... - ilearnlot In centralized purchasing, there is a separate purchasing department entrusted with the task of making all purchases of all types of materials. The head of this department usually designates as Purchase Manager or Chief Buyer. Also, in decentralized purchasing, each branch or department makes its purchases.
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