Business Project Proposal: Supermarkets Effect on Smaller Business
Business Project Proposal: Supermarkets Effect on Smaller Business
Introduction
Modern retail is having a transformative effect on the smaller businesses around the world. When compared with the conventional mom and pop stores, super markets enjoy huge economies of scale. They procure their goods from the manufacturers directly and eliminate the middlemen. Hence, they could procure goods for a cheaper price than smaller companies. Supermarkets also offer better shopping experience over the conventional smaller companies. Mom and Pop stores with limited space are no match for the spacious and air-conditioned super and hyper markets. Due to the above reasons, many retail customers now ...
