The world is developing at a very rapid pace and the recent business models adopted by various businesses have massively impacted the small local shops. The effect is so severe that the small shops usually found in residential areas are unable to continue because of huge losses. In this essay, we will cover the positive aspect of this development as well as we will provide suggestions which could help in curbing the negative aspects as well.
There is a clear trend in the recent years, where people prefer to buy all their needs from large shopping centres and they are correctly doing so because they can purchase multiple products from one single place. In addition, it further helps people in buying things at low cost, saves time, wide variety of products to select, etc. These shopping centres also have good eateries where people can spend casual time with their close ones after shopping. Lastly, employment opportunities increase with the set-up of these centres thereby reducing the unemployment rate of a particular economy.
The above mentioned positive points clearly prove that it's a good development for us. However, there are others who are facing a hard time with the emergence of these new business models. The small shop owners should be reached out by these centres or by the government to find out ways by which the small businesses can also be a part of this approach. We see there are multiple centres constructed in one particular area and further creating problems for small trade owners. Hence, a limit should be kept for the construction of shopping centres in a specific area.
To conclude, every development comes with their pros and cons and if the evolution has many benefits for the society, it should be adopted and the negative points should be countered by bringing certain changes in the financial markets as it could help both the small and large business owners.
The world is developing at a
very
rapid pace and the recent
business
models adopted by various
businesses
have
massively
impacted the
small
local shops. The effect is
so
severe that the
small
shops
usually
found in residential areas are unable to continue
because
of huge losses. In this essay, we will cover the
positive
aspect of this development
as well
as we will provide suggestions which could
help
in curbing the
negative
aspects
as well
.
There is a
clear
trend in the recent years, where
people
prefer to
buy
all their needs from large
shopping
centres and
they are
correctly
doing
so
because
they can
purchase
multiple products from one single place.
In addition
, it
further
helps
people
in buying things at low cost, saves time, wide variety of products to select, etc. These
shopping
centres
also
have
good
eateries where
people
can spend casual time with their close ones after
shopping
.
Lastly
, employment opportunities increase with the set-up of these
centres
thereby reducing the unemployment rate of a particular economy.
The above mentioned
positive
points
clearly
prove that it's a
good
development for us.
However
, there are others who are facing a
hard
time with the emergence of these new
business
models. The
small
shop owners should
be reached
out by these
centres
or by the
government
to find out ways by which the
small
businesses
can
also
be a part of this approach. We
see
there are multiple
centres
constructed in one particular area and
further
creating problems for
small
trade owners.
Hence
, a limit should be
kept
for the construction of
shopping
centres
in a specific area.
To conclude
, every development
comes
with their pros and cons and if the evolution has
many
benefits for the society, it should
be adopted
and the
negative
points should
be countered
by bringing certain
changes
in the financial markets as it could
help
both the
small
and large
business
owners.