Business Studies, asked by simmistar2003, 11 months ago

project on the topic a visit to the departmental store c) Acknowledgement. d) Introduction. e) Functions of departments. f) Nature of products for sale. g) Promotional Campaigns. h) Observations and findings while conducting the project. i) Newspaper clippings to reflect the changes of share prices. pls can u give me the answer as afast as possible thnaks for your support

Answers

Answered by Anonymous
15

Answer:

Explanation:

Departmental Store is a retail establishment that specializes in satisfying a wide range of durable goods and products for the consumer's personal and residential needs and is also the choice of many business and product catagories. Departmental stores usually sell products to all products and are usually part of the retail chain of many stores located around a country or several countries.

Original

The concept of departmental stores was from France and European contracts during the 19th century, the first departmental store was "Bon March" which was established in 1802.

aim

The basic purpose of a departmental store is to provide a large variety of goods 'from one pin to an aero plane' at one place. Its aim is to provide quality goods and services to customers and work as a universal supplier.

Convenience to inspect goods

It enables customers to analyze and check with the quality and agility of the products.

Goodwill and reputation

Due to their efficient services in these shops, there is great goodwill and reputation and trust.

Department stores in india

Departmental stores in India have not been much popular in India. There are only a few important departmental stores in India, some of which are White Hare (Bombay) and Military departmental stores.

Opportunities

-The many joint ventures and acquisitions which the company has engaged in provide room for expansion and diversification.

-They have been able to develop their discount stores effectively.

-They also have been able to reduce their operating costs in the recent years.

-They are in the process of improving their labour relations.

-They are making use of research and development in marketing

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