Question 15 Marks
Sonam visited her aunt residing at Mumbai in her summer vacations. She goes with her aunt to a large retail showroom having number of departments under one roof. Each of the department is like a separate shop with centralized purchasing, selling and accounting arrangements. She becomes surprised by the varieties of goods which are being sold in the outlet.
On the basis of the given information about Sonam, answer the following questions:
(a) Identify the type of the fixed shop retailer highlighted above.
(b) Explain any two features of such fixed shop retailer.
(c) Explain any two advantage of such fixed shop retailer.
On the basis of the given information about Sonam, answer the following questions:
(a) Identify the type of the fixed shop retailer highlighted above.
(b) Explain any two features of such fixed shop retailer.
(c) Explain any two advantage of such fixed shop retailer.
Answer
View full question & answer→(a) Departmental stores.
(b) Features:
(i) Wide variety of products.
(ii) Centralised purchasing.
(c) Advantages:
(i) Attracts large number of customers. (ii) Convenience in buying.
(b) Features:
(i) Wide variety of products.
(ii) Centralised purchasing.
(c) Advantages:
(i) Attracts large number of customers. (ii) Convenience in buying.