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What are the merits and demerits of departmental store? |
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Answer» are large scale retail stores selling under ONE roof under a single control. They deal in a variety of goods. They are divided into different departments, each selling a particular merchandise. Departmental stores are of French origin. Departmental stores came into EXISTENCE in 19th century.Explanation:Merits=Departmental Undertaking is the oldest method of organizing State enterprises.demetrits=Losses INCURRED by the departmental undertakings are borne by the government. This places a great strain on government’s finances. To make good the LOSS, the government MIGHT impose additional taxes on the public. |
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