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Distinguish between the following:General stores and specialty stores. - Organisation of Commerce and Management

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प्रश्न

Distinguish between the following:
General stores and specialty stores.

अंतर स्पष्ट करें

उत्तर

Sr No. Points General stores Specialty stores
1 Meaning

It is a shop which deals in Wide variety of goods.

It is a shop which deals in Specialized products of goods
2 Location

It is located in the residential areas of the city.

It is located in busy Shopping centers of the city.
3

Prices

Prices of goods are generally low. Prices of goods are generally high.
4 Sales Goods are sold on cash basis as well as on credit basis. Goods are sold on cash basis only.
5 Variety of product Customers have limited choice of goods. Customers have maximum choice in one line of goods.
6 Types of goods Goods sold as per customers day to day need. Specialized goods are sold to customers.
7 Advertisement Do not spend much expenses on advertisement. Spend more expenses on advertisement due to Specialization.
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Wholesale Trade and Retail Trade
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Trade - Exercise Q.4 [पृष्ठ ४५]

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संबंधित प्रश्न

Select the correct option and rewrite the sentence.
_________ is the link between producer and retailer.


Select the correct option and rewrite the sentence.
 A Wholesaler invest ___________ capital in the business.


Give one word/phrase/term:
The middleman between wholesaler and customer.


Give one word/phrase/term:
A retail shop which operates through branches.


Give one word/phrase/term:
A shop where all goods are available at same price. 


State True or False.
A retailer has no direct contact with consumers.


Find the odd one


Complete the sentence.
The wholesaler provides financial support to retailers by way of __________ facility.


Select the correct option.
Customer cannot bargain in _________


Select the correct option.
Retailer operates in ___________  markets


Select the correct option.
Departmental store is a ___________ scale retail shop.


Answer in one sentence
What do you mean by small scale fixed retailers? 


Answer in one sentence
What do you mean by large scale fixed retailer?


Explain the following term/concept:
Wholesale Trade


Study the following case/situation and express your opinion.
Sonupant purchases his grocery material every month from the nearest Nandulal grocery shop and he purchases wheat, rice, and pulses in bulk for the whole year from Gorhe and Son’s market yard.

Who is the wholesaler?


Study the following case/situation and express your opinion.
Sonupant purchases his grocery material every month from the nearest Nandulal grocery shop and he purchases wheat, rice, and pulses in bulk for the whole year from Gorhe and Son’s market yard.

Who is the retailer?


Study the following case/situation and express your opinion.
Sonupant purchases his grocery material every month from the nearest Nandulal grocery shop and he purchases wheat, rice, and pulses in bulk for the whole year from Gorhe and Son’s market yard.


Any one difference between wholesaler and retailer?


Answer in brief.
Write any four services of retailers to consumers.


Explain the services of retailers to Wholesalers.


Explain small-scale fixed shop retailers.


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