Advertisements
Advertisements
Question
Justify the following statement:
Departmental store has centralized management system.
Solution
(I) Departmental stores are generally established by joint stock companies.
(II) Various departments which look like specialized shops are controlled and managed by single management.
(III) The management of departmental store is centralized.
(IV) All departmental store is centralized.
(V) All departments are independent but they are centrally owned managed are controlled.
(VI) Thus, departmental store has centralized management system.
APPEARS IN
RELATED QUESTIONS
Select the correct option and rewrite the sentence.
_________ open their shops on market days i.e. on fixed days.
Match the pairs.
| Group ‘A’ | Group ‘B’ |
| A) | Departmental Store | 1) | Carry goods on heads |
| B) | Market traders | 2) | Uniform Price |
| C) | General shops | 3) | Business on market day |
| D) | One price shop | 4) | Most common shop |
| E) | Peddlers | 5) | Huge capital |
| 6) | Distribution through branches | ||
| 7) | Carry goods on carts | ||
| 8) | Sale used articles | ||
| 9) | Specialized goods | ||
| 10) | Auth oriz ed dealers |
Give one word/phrase/term:
A person who move daily from place to place to sell goods.
State True or False.
Customers cannot bargain in one price shop.
Trade establishes a link between producers and ______.
Select the correct option.
Supermarket shop requires ___________capital.
Answer in one sentence
What is departmental store?
Answer in one sentence
What is meant by supermarket shop?
Answer in one sentence
What is one price shop?
Answer in one sentence
What is a mall?
Correct the underlined word and rewrite the following sentence:
The price charged in departmental stores is comparatively less.
Correct the underlined word and rewrite the following sentence:
Tariff rates of various countries affect the internal trade.
Distinguish between the following:
Departmental stores and Chain stores.
