• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Whether large supermarkets are more competitive than a small corner shop

Extracts from this document...


BUSINESS STUDIES This coursework I will look at whether large supermarkets are more competitive than a small corner shop. A large supermarket is judged by the size of its labour force, turnover and capital employed. Large supermarkets are usually more successful because of the economies of scale. Some of the economies of scale a firm can gain, as it grows larger. These internal economies of scale are called Technical, financial, managerial, marketing, buying and risk-bearing economies. Large firms can buy larger and more efficient machinery and equipment and this means a firm can produce more at a lower price. Large firms can take advantage of production lines and divisions of labour. It's cheaper for a large firm to store and transport goods in large warehouses and lorry's that hold twice as much as smaller firms. ...read more.


Home delivery is a service run by the supermarket for people who can't get to a supermarket but can still be able to buy goods from them. Also they have access for the disabled to make shopping as easy as possible. At the supermarket you can withdraw money from your account by using the cash machines that are provided. In the supermarket you can use your credit card to pay for your goods at the checkout instead of using cash. Supermarkets have a large variety and selection of goods for customers to choose from. The large turnovers that supermarkets have go towards advertisement on television, in the newspaper and magazines to attract customers to shop at their stores. Also some supermarkets are open 24 hours a day. The disadvantages of supermarkets are that they can be very busy. ...read more.


Most corner shops specialize in certain products that you can't get in the supermarket this is good if you need any specialized products you don't need to far to get them. The disadvantages of corner shops are they don't have a large variety of goods like a larger firm does. They also don't have facilities like a car park or toilets and you can't pay by credit cards so if you don't have any cash you wouldn't be able to use a smaller firm. The prices of their goods are higher in price than in supermarkets. From the result of my questionnaire I have found out that: People prefer to go to the supermarket. People go to the supermarket for the value of the products The main advantage of a corner shop is the distance you have to travel. The disadvantage of a corner shop is the price of products. The disadvantage of a supermarket is the distance you have to travel. ?? ?? ?? ?? Jordan Lawrence ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Economy & Economics section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Economy & Economics essays

  1. Critically evaluate the perceived competitive starategies of the five clothing retail outlets, namely Edgars, ...

    In addition, some South African businesses have saturated their domestic markets and need to expand to remain viable. To facilitate regional development, the South African Reserve Bank, which administers the nation's protective controls on the movement of the national currency, the rand, gives preference to investors targeting southern Africa.

  2. Case Study: The Home Depot

    every product available All possible colours, sizes, shapes etc.Reduced range in colours, sizes, shapes etc. Other advantages of the smaller store are: easier parking, less crowded aisles and quicker checkout. Chapter 8: The home improvement industry. In this chapter we will give a brief overview of the home improvement industry in the US.

  1. Competitive Advantage & developing a Competitive Advantage over rivals.

    For the first five years of their existence, passenger-handling, baggage-handling and various other operations were contracted out so that they could focus on cutting costs. As soon as the company was of a sufficient size and profitability, they assumed control of all aspects of business and product operations.

  2. Assess whether a tuck shop is likely to be a successful business if it ...

    In my final questionnaire (Appendix2), I introduced into my questionnaire quantitive research so that I could use it in my calculations, vu also the qualitative research by which I would get the consumer opinion. When I compared the questions from both the questionnaires I found that the first one mainly

  1. PEST and competitive analysis facing by confectionery organisations

    There have been ongoing disagreements between the EC and the UK regarding the definition of milk chocolate. It is likely that the EU will introduce new regulations for UK produces like Nestle. Raw Materials for example coco supplied by countries like South Africa so if war breaks out supply could be short and cut back on production.

  2. Why do some small Firms Grow in size?

    be sold during a peak, and buses can be sold during a recession, thus protecting itself against a fluctuating economy. Equally, a small firm may want to go into the production of a good which is complementary to its primary good, this would also require a growth in the firm's size.

  1. Australia has had one of the strongest economies in the world in recent years, ...

    If this does not occur, it will cause unemployment to rise - in this way, we can already see the first signs of a link between this objective and that of "Standard of living". Obviously, it goes without saying that if unemployment were to rise, average standard of living would drop.

  2. Transition Economies

    But low prices often result in excess demand since everyone can afford to buy now but there are shortages thus a queuing system is formed. In command planned economies there is need for competition. This need of competition leads to the production of poor quality of goods.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work