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SUBJECT: COMMERCE
CLASS: SS1
WEEKS 1 & 2
TOPIC: HOME TRADE
CONTENT:
- Large scale retailer e.g., super market, mail order.
- Modern trend in retailing (brand, self-service) etc.
What is home trade? Home trade is the act of buying and selling of goods and services.
SUB-TOPIC 1: LARGE SCALE RETAILING:
SUPER MARKET: This is a large retailing business unit selling mainly food and household items with self service facilities. A supermarket may occupy a large surface area of about 200 meters. The large area enables the customers to move freely in order to make selection of goods needed.
CHARACTERISTICS OF A SUPERMARKET
- They specialize mainly in household goods and food items.
- It deals in a variety of goods
- Operation of self-service system: Customers can move round about the shop to select what they want to purchase without any assistance
- Goods are displayed with price tags: all the items on displayed are pre- packed and have price tags affixed on them. There is no opportunity for bargaining.
- Located around residential areas: goods are well displayed on shelves or counters to attract the attention of customers.
- Bulky purchase: this is the act of buying goods in large quantities and sell them to customers at a lower price
- Provision of basket and trolleys: This is provided in order to make shopping convenient for customers
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