The disadvantages of the general dealers
Answers
Answer:
Disadvantages of general stores:
(1) It is one of the large scale retail organisation and requires huge capital to carry its business.
(2) In big and overcrowded cities, it is very difficult to find spacious premises in important markets at economical rates.
Answer:
It is one of the large scale retail organisation and requires huge capital to carry its business.
In big and overcrowded cities, it is very difficult to find spacious premises in important markets at economical rates.
Reliance on Market
While department stores can shift their inventories to accommodate changing trends in consumer buying, specialty stores risk alienating customers if they alter their offerings too much.
Lack of Variety
By definition, specialty stores lack variety. While they may sell many different specific products, they all fall into a single category or classification. This means that shoppers are only likely to come to the store when they have interest in the type of products it sells. This is a contrast to department stores, which can draw customers in with one type of product and expose them to many other types of products while they shop.
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