Business Studies, asked by priyanimmaluri7221, 11 months ago

Describe the advantages and disadvantages of a departmental store.

Answers

Answered by GôldGrâće

advantage :

Economies of large scale buying. Departmental stores buy directly from manufacturers. ...

Convenience in shopping. ...

Customer services. ...

Lower operation cost. ...

Efficiency in operations. ...

Convenient location.

disadvantages:

High operational costs. Departmental storesare located at important localities. ...

High cost of capital. Departmental storesrequire huge capital for their establishment. ...

Absence of personal touch. ...

Risk factors. ...

Too much of specialization. ...

Accessibility.

Answered by Anonymous

Economies of large scale buying. Departmental stores buy directly from manufacturers. ...

Convenience in shopping. ...

Customer services. ...

Lower operation cost. ...

Efficiency in operations. ...

Convenient location.

disadvantages:

High operational costs. Departmental storesare located at important localities. ...

High cost of capital. Departmental storesrequire huge capital for their establishment. ...

Absence of personal touch. ...

Risk factors. ...

Too much of specialization. ...

Accessibility.

Previous Question

Next Question