(i) For chain stores, prices are uniform in all branches while for departmental stores, each department sets its own price.
(ii) Chain stores sell similar goods while departmental stores deal with different line of goods.
(iii) Chain stores stock limited variety of goods while departmental stores stock a wide variety of goods.
(iv) Chain stores have branches all over the country while under departmental stores,all departments operate under one roof.
OR
Explain ?ve differences between chain stores and departmental stores.
Chain Stores
(i). Have many branches in different towns.
(ii). Purchases are centralized.
(iii). Have standardized prices in all branches.
(iv). Has uniform outward appearance and interior layout in all branches.
(v). Management of the stores is centralized.
(vi). Slow moving goods in one branch (vi). can be moved to another where demand for them is higher.
(Vii). A customer can pay for goods in vii. one branch and collect than from another branch.
Departmental Stores
(i) Have different departments within the same building.
(ii) Purchases are made per department.
(iii) Every department sets its own prices.
(iv) Each department is different from the other in terms of outward appearance and interior layout.
(v) Each department has its own management.
(vi) Slow moving goods in one department cannot be moved to another department.
(vii) Goods paid for in a department can only be collected from that department.
maurice.mutuku answered the question on July 17, 2017 at 06:06
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