Das Kapital: Der Produktionsprozeß des Kapitals

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Multivolume work

Identifikator:: 1780159447

Document type:: Multivolume work

Author:: Marx, Karl http://d-nb.info/gnd/118578537

Title:: Das Kapital

Place of publication:: Berlin

Publisher:: J. H. W. Dietz Nachf., G. m. b. H.

Year of publication:: 1926-

Collection:: Economics Books

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Volume

Identifikator:: 1780159595

URN:: urn:nbn:de:zbw-retromon-188277

Document type:: Volume

Author:: Marx, Karl http://d-nb.info/gnd/118578537

Title:: Der Produktionsprozeß des Kapitals

Volume count:: 1.1928

Place of publication:: Berlin

Publisher:: J. H. W. Dietz Nachf., G. m. b. H.

Year of publication:: 1928

Scope:: XLVIII, 768 Seiten

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Multivolume work

Structure type:: Chapter

Title:: Sechster Abschnitt. Der Arbeitslohn

Collection:: Economics Books

AN ENTIRE STOCK OF BARGAINS 163 line at a single price, the chain will build a stock against which not even the most competent and sophisticated of] general buyers could profitably compete. If 10 years ago such a group of stores as those composing the Retail Research Association had adopted the Model Stock Plan and coupled with it their group buying—to which, as has already been pointed out, the three full-line prices are an indispensable aid by avoiding the difficulty of agreeing on price levels—it would have been, in effect, just such a chain, although voluntary, instead of centrally owned. By the enormous buying power that would have developed, for these stores did in 1929 a total sales volume of hundreds of millions of dollars, distribution would have been revolu- tionized. It would have compelled the creation and exten- sion of competing chains of the same kind. Out of this trend there would have come a development altogether differ- ent from anything in our experience. These great chains of department stores operating by the Model Stock Plan would, I am convinced, have prevented much of the extraordinarily rapid growth of the chains during this period. Likewise, the sales volume of this highly successful group of department stores would be today enormously greater than it is. The growth of the chains during recent years, chains both of small stores and large stores, singie-line chains and depart- ment-store chains, foreshadows one important development that must come very soon. The other developments in distribution now going on point in the same direction. The most effective buying methods of the almost immediate future will be those which combine with skilfully planned buying the power of combined purchasing with other stores, or mass buying. The Model Stock Plan possesses the advan- tage, among others, that its adoption brings about a type of organization and method of operation which eminently fits the store to take its place in group buying, whether of a voluntary or centrally owned chain and to derive the maxi- mum benefit from it.

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fullscreen: The model stock plan

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