Shop-Stop has opened a new retail outlet in Patna. It offers a wide variety of
products; classified into well-defined units each one is confined to one kind of product
to satisfy every customer's need under one roof. It purchases goods directly from the
manufacturers and thus eliminates middlemen.
Identify the type of large scale outlet and state any of its five features.
Answers
Answer:
hi please mark me as brainliest
Type of large scale outlet and its five features.
Explanation:
A Departmental store is the large scale outlet which means :
- To give a big diversification of products.
- Fulfill every customer needs.
- A distinct departments.
Five features of departmental store are:
- Big market establishment
To establish a large departmental store it is essential to invest capital needs.These stores are being operated at joint stock company.
2.Central Location
These types of stores are established at the central places of the town,where the quantity of people are large.
3. Various departments
To make the deals in the unlike varieties of products every separate departments are established.Every single department sells single product only.
4. Wide variation of goods
Satisfying customer needs is the barely foremost purpose of each store.Each product from pen to home furniture is sold by stores.
5. Centralized management
Each single department is operated by the middle level management. Every department is free from sell purchase of their products.