Question

Departmental stores are a combination of decentralised buying and centralised selling. Explain in detail.

Answer 1

Answer:

Centralized vs. Decentralized Purchasing Management - EffiaSoft

With this method, rather than leaving the purchasing control with a single department, it is granted to local branches or departments. They have the authority to purchase items necessary as per their requirements. Purchasing in bulk quantities reduces cost to the organization

Explanation:

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