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Which of the following is come under Fixed Shop Small Retailers?
  • a)
    General Stores
  • b)
    Departmental stores
  • c)
    Malls
  • d)
    Multiple stores
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which of the following is come under Fixed Shop Small Retailers?a)Gene...
Retailers who have a fixed shop and have a permanent place for business are called fixed shop retailers. General stores are one of the parts of Fixed shop retailers. They sell day to day essentials. General stores are found where it is convenient for the customers.
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Which of the following is come under Fixed Shop Small Retailers?a)Gene...
General stores.....is correct answer because it is given in the text book
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Which of the following is come under Fixed Shop Small Retailers?a)Gene...
Understanding Fixed Shop Small Retailers
Fixed shop small retailers refer to businesses that operate in a fixed location and typically serve local customers. Among the options provided, general stores fit this definition.
What are General Stores?
- General stores are small retail shops that offer a wide variety of everyday items, including groceries, household goods, and personal items.
- They cater to local communities and are often characterized by their intimate shopping experience and personalized service.
Why General Stores?
- Local Focus: General stores primarily serve the needs of their surrounding community, making them integral to local economies.
- Limited Scale: Unlike departmental stores, malls, or multiple stores, general stores operate on a smaller scale and focus on a specific neighborhood or area.
- Convenience: They provide convenient access to daily necessities, often reducing the need for customers to travel to larger retail outlets.
Comparison with Other Options
- Departmental Stores: Larger retail establishments that offer a wide range of products across various categories, usually located in shopping complexes.
- Malls: These are large complexes housing multiple stores, offering a vast shopping experience beyond what a small retailer can provide.
- Multiple Stores: These refer to chains that have numerous locations, which is contrary to the fixed, small nature of a general store.
In conclusion, general stores represent the essence of fixed shop small retailers, emphasizing community engagement, convenience, and a more personalized shopping experience.
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Which of the following is come under Fixed Shop Small Retailers?a)General Storesb)Departmental storesc)Mallsd)Multiple storesCorrect answer is option 'A'. Can you explain this answer?
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