Distinguish between Departmental Stores and Chain Stores as large scale retail organisations.

Question

BasicDepartment store&nbsp;Chain store( large- scale organisation)OwnershipDepartment stores are large retail establishm...

Accepted Answer

BasicDepartment store&nbsp;Chain store( large- scale organisation)OwnershipDepartment stores are large retail establishm...

Basic	Department store	Chain store( large- scale organisation)
Ownership	Department stores are large retail establishments offering a wide range of products across various departments or categories under one roof.	Chain stores consist of multiple retail outlets that are owned and operated by the same company.
Product range	Department stores organise their merchandise into distinct departments, each specialising in specific product categories such as clothing, cosmetics, home goods, electronics, etc.	Chain stores may offer a diverse range of products like department stores, but they may not categorise their merchandise into departments as explicitly.
Customer experience	Department stores often prioritise providing a high-end, immersive shopping experience.	While some chain stores also focus on providing a pleasant shopping experience, they may prioritise efficiency and cost-effectiveness.
Marketing	Department stores often focus on building a strong brand identity associated with luxury, quality, and exclusivity.	Chain stores focus on establishing a recognizable brand identity associated with value, convenience, and affordability.