Departmental store is large size retailing organization. Generally, it is set up in central places of big metropolitan areas and towns. Departmental stores sell so many varieties of goods that the majority of the needs and wants of customers are satisfied at the same store. Generally, departmental stores are controlled and founded as joint stock companies. Departmental stores are managed and operated by an over-all manager or executive director under the control of the board of directors.
Departmental stores are divided in different independent stores. Separate supervisor is appointed for each department. They work under the leadership of general supervisor and become responsible to the general manager for the procedure of their division. Each department obeys policies, rules, regulations, and directions formulated by management. Each department may have a separate office and account section. Different sections such as sales promotion, customer services, account etc. are established in departmental stores according to type and necessity of goods.
- Vol. 93, no. 2, May 2003
- Implement New/Update Systems and Procedures
- Brings True Mixture of Teamwork
- Consider where activities can be simplified, automated, or removed
Departmental stores adopt the centralized purchasing and decentralized sales policy. It gets all types of advantages of a large-scale business. Departmental stores can get relative benefits such as discount in price, transportation, collection of goods, packaging etc. Such facilities are provided while purchasing large level of goods. In traditional western countries, mostly women will be the customers of departmental stores. Women shoppers buy goods also, which are necessary for gents. Departmental stores provide various free services also. They provide goods on credit, help customers to carry goods their homes etc. Departmental stores provide facilities such as entertainment, a place for children to try out, cafeteria, waiting around the room, phone service, mail, papers, different information etc. to customers. Departmental stores remain energetic to make customers feel cheer and happy along with buying goods.
Enterprise Architecture is not just a business, rather it is a way within the areas of business. Specifically, it is a business model used by certain companies to help guide the future of their “enterprise”. Capital Planning and Investment Control, a division of the American authorities, employ this business model. Volkswagen, Intel, and Blue Cross also use “business structures” in their company development. What are the types of business regarding operation? Can you provide a simple comparison of a business plan is a business model?
A business plan can be an extensive plan the seeks funding; a business model can be a functional business that functions in a cycle. Retailing is a business model. An idea for a new retail store is a business plan. Is King Stove Range Company in Alabama still in business? What are some opinions of Glam Model Management? What’s the length of time of Company Business?
The length of time of Company Business is 1.65 hours. What exactly are the business functions of the business PostcardMania? The business known as PostcardMania is known for creating a business web design for any company that asks them because of their services. The business has been around the business for 12 years. What does the term B2G in business model means?
B2G stands for in a business model? Which kind of business is an organization that has customers in only one state? A company doing business in one state can be an “intrastate” company. One which does business in more than one state is an “interstate” company. When was Company Business created? Where can you find free sample business programs for an insurance company?