Chapter 11.38 - Main Features of Departmental Stores (P-1) - Class 11th Business Studies
Internal Trade
In this video we'll learn about - Main Features of Departmental Stores (P1), its various aspects and how it affects you. This video continues the series, Class 11 Business Studies Chapter - Internal Trade.
Class 11 Business Studies
Chapter: Internal Trade(Main Features of Departmental Stores (P1))
Useful For: NCERT / CBSE / MAT / CAT / CMAT / IIFT / SNAP / XAT
Previous Video: Departmental Stores:
Next Video: Main Features of Departmental Stores (P2):
Large Size: A departmental store is a large retail showroom requiring a large capital investment.
Wide Range: A departmental store deals with a wide range of product from low priced to very expensive goods. Different varieties of goods are available in different departments.
Departmentally Organised: The store is departmentally organised. Goods offered for sale are classified and each department specialises in one line of product.
Central Purchases: Purchases of all the departments are made centrally. The departmental managers give a list of their requirements to the general manager who makes purchases for all the departments.
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