Economics · Internal Trade

Consider the following statements about Departmental Stores: 1. They operate under centralized management. 2. They usually deal in only one type of product. 3. They provide a variety of goods under one roof. Which of the statements given above is/are correct?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

11, 2 and 3
22 and 3 only
31 and 3 only✓
41 only

Correct answer

1 and 3 only

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Consider the following statements about Departmental Stores: 1. They operate under centralized management. 2. They usually deal in only one type of product. 3. They provide a variety of goods under one roof. Which of the statements given above is/are correct?

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Consider the following statements about Departmental Stores: 1. They operate under centralized management. 2. They usually deal in only one type of product. 3. They provide a variety of goods under one roof. Which of the statements given above is/are correct?

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