WAEC Commerce 1994 Question 94

Question 94

Retail Trade

Small unit shops continue to exist inspite of stiff competition by large stores because they

  1. A.are located near large shops
  2. B.employ travelling salesmen
  3. C.stock one line of goods
  4. D.maintain personal contact with their customers
  5. E.buy in bulk and sell at cheaper prices
Show the answer and explanation

Answer: D (maintain personal contact with their customers)

Explanation

Small shops know their customers personally and may give credit and convenient service.