Due to development and rapid expansion supermarkets in some countries, many small, local businesses are unable to compete. some people think that the closure of local business will bring about the death of local communities. To what extent do you agree or disagree?

Globalization and industrialization

has

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have

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brought immense changes in the market. With the drastic increase of hypermarkets all across western countries, some believe that small business owners are unable to match their prices and are shutting shops

as a result

. I,

however

, opine that the change has provided us with immense benefits which far outweigh the negative impact.

This

essay will discuss the

aformentioned

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aforementioned

topic along with examples and

supportive

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supporting

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arguments. Clearly

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,

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the development of

such

shops and outlets has changed the buying experience for the customers wherein they are

pampared

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pampered

with amazing choices and comfort at the same time providing a better price as compared to the

neighborhood

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neighbourhood

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shops.

Although

this

hampers the revenue of small businesses, it enriches the consumers with a plethora of buying options.

For example

, as per a recent study conducted by a major market researcher, in big cities hypermarkets, on an average, stores 10 times higher number of product options as compared to small retail stores with

atleast

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at least

20% reduction in prices. With

such

ample variants, consumers are benefited from the development and

such

change.

Furthermore

, even

s

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a

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mall community of business owners who are not focused on retail can gain

immensly

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immensely

with

this

change in trend.

In addition

to their traditional business model, they can always team-up and collaborate with these big stores to display their product

instead

of treating them as competition.

For instance

, local manufacturers of cold-pressed oils who sell only to local customers can approach procurement executives of these chains to get their oils displayed and sold. If the quality product is provided, the marketing channel and growth opportunities provided by

such

big chains are vast. In conclusion, I strongly disagree that local

commuties

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communities

are dying due to

r

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the

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apid increase and development of branded supermarkets.

Although

smaller retail stores face stiff competition, healthy competition should be always acknowledged with a positive sentiment and zeal to get better at every front.