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Answer in brief.State any two types of small scale fixed shop retailer. - Organisation of Commerce and Management

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Question

Answer in brief.
State any two types of small scale fixed shop retailer.

Answer in Brief

Solution

Types of Small Scale Shop Retailers:
(I) General Store Retailer: These shops are found in residential areas and offers shopping convenience to the customers. They deal in wide variety of goods so there is scope for choice. They deal in almost all household articles and goods of daily use. They provide credit facilities and have personal relation with their customers. They have fixed place of business so the customers have faith and confidence in dealing with them.
Second Hand Goods Dealers: As the name indicates these shops deal in used or old goods and articles. They buy goods from individual and not from manufacturers or Wholesalers. They repair or overhaul the items. They display them in their shops. Generally people from poor communities prefer to buy from these Shops.

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Wholesale Trade and Retail Trade
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Chapter 2: Trade - Exercise Q.5 [Page 45]

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