Вопрос
QUESTION THREE (20 MARKS) (a) Enumerate the distinct classification of stores in an organization. (10 marks)
Решения
4.1
(213 Голоса)
Юхим
эксперт · Репетитор 3 лет
Ответ
a. Department Stores, Specialty Stores, Supermarkets and Grocery Stores, Convenience Stores, Discount Stores, Warehouse Stores, Online Stores
Объяснение
The question asks for the distinct classifications of stores within an organization. This involves understanding the different types of store formats that businesses can adopt depending on their target market, product range, and overall business strategy. Here are the main types:1. Department Stores: These are large stores that offer a wide range of products across various categories such as clothing, home goods, and electronics. They are typically characterized by their broad product assortment and focus on providing a comprehensive shopping experience.2. Specialty Stores: These stores focus on a specific product category and offer a deep assortment within that category. They cater to customers looking for specialized or niche products and often provide expert advice and service.3. Supermarkets and Grocery Stores: These stores primarily sell food and other household necessities. They are designed to provide a convenient one-stop shopping experience for everyday items.4. Convenience Stores: These are small stores that offer a limited range of products, often focusing on quick-service items like snacks, beverages, and tobacco products. They are typically located in easily accessible locations to cater to immediate needs.5. Discount Stores: These stores offer products at lower prices than traditional retail stores. They may carry a limited assortment of goods but focus on providing value through reduced prices.6. Warehouse Stores: These stores sell products in bulk at discounted prices. They often require customers to purchase membership cards for access, and the shopping experience is typically self-service.7. Online Stores: With the rise of e-commerce, online stores have become a significant classification. These stores operate on the internet and offer a wide range of products, often with the option for home delivery.Each type of store has its own business model and caters to different customer needs and preferences. The choice of store type depends on the organization's strategic goals, target market, and the nature of the products being sold.