Question

Why are consumer cooperative store consideredto be less expensive?What are its relative advantages over other large scale retailers?

Answer 1

Answer:

Relative advantages over other large scale retailers are :

Their main aim is to reduced middlemen and provide goods to the members at low cost . Consumer cooperative store deal in all types of consumer goods for daily use. The store may sell goods to members as well as non members. Goods are sold only cash basis.

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Answer 2

Answer:

Consumer cooperative stores are considered to be less expensive because : (1) The purchases are made in bulk therefore trade discounts are available to consumer cooperative stores. (2) The number of middleman like wholesaler and retailer are reduced. The members gets supply of goods at reasonable prices.