Group 'A' |
Group 'B' |
a) Departmental Store |
9) Specialized goods |
b) Market Traders |
3) Business in Market days |
c) General shop |
4) Most common shop |
d) One price shop |
2) Fixed price |
e) Peddlers |
1) Carry goods on head |
Explanations:
a) A departmental store is a large establishment that deals in a wide variety of products, categorised into well-defined departments such as departments for toiletries, food and furniture. Such stores also provide specialised services. Hence, it can be concluded that these stores deal in specialised goods.
b) Market traders are small traders who have their shops open only on certain days of the week (i.e. market days). Generally, they only deal in a single type of good. Also, they do not have a fixed place where they sell their goods; rather, they roam from one place to another so as to cater to a large number of consumers.
c) General stores are the most common shops, as they deal in goods meant for satisfying the day-to-day needs of the customers, e.g. grocery items and toiletry products. They are generally found in residential areas or local markets and operate for long hours. These stores also provide a variety of consumer services, such as credit facilities and home delivery of products.
d) One price shops sell a wide variety of goods, such as stationery, toys and plastic goods, at a fixed price. The prices of goods sold in these shops are fixed in advance; hence, there is no scope of bargaining in one price shops.
e) Peddlers are the oldest form of retailers. They generally sell goods that are low in price and quality. These retailers do not have any shops for operation and move from place to place carrying goods on their heads, cycles, rickshaws or carts to reach out to their customers.