L6-2

Correct answers for the lesson 6

Independent Practice

1. General stores

These are small scale retail shops selling all general items of goods required by the local customers.  They stock wide variety of goods which are needed in the course of everyday life like groceries, stationery, edible oil, soft drinks etc. they provide credit facilities and other services to regular customers.  Limited choice is one of the limitations of these stores.

2. Specialty shops
Specialty shops specialize in a single product of a certain line.  Shops dealing in children’s books or kids wear instead of all types of books or garments are examples of specialty shops.  These shops have to be located in central places.

3. Street shops
 These shops are generally located at street crossing or in the main street.  They are also known as street stalls.  They usually display their goods on a table stand or by fixing a shelf on a wall.  Low priced articles such as pen, story books, magazines, etc are sold in these stalls.

4. Second had goods shop
These retailers deal in second hand goods such as books, furniture’s, clothes and other household articles.  People who cannot afford to by new articles, generally becomes their customers.  These traders often, stock rare objects of historical value and antique items.