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Give any five point of distinction between Departm...
1.
Give any five point of distinction between Departmental and Chain Stores.
Answer»
Basis of difference
Departmental store
Chain store
a)Wide Range
Departmental stores offer wide range of products for satisfying the need of different customer.
Chain stores do not offer wide range of products. They are specialised In one line of product.
b)Location
Departmental stores are centrally located.
Chain stores are located in different localities.
c) Risk
High degree of risk
Risk gets spread all over the stores
d) Pricing
Not uniform
Uniform pricing
e)Services
Departmental stores provide large number of services such as credit facility,
discounts, free home delivery etc.
Chain stores do not provide such services to their customers.
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