09 Analyse the difference between the objectives of a new small grocery store and a large, established supermarket chain

[Sir Afzal Shad]

09 Analyse the difference between the objectives of a new small grocery store and a large, established supermarket chain like Al-Fatah or Tesco. [3]

[Shaliza khawaja]

large established supermarket will have the objective or profit mazimization or growth whereas new small grocery store has the objective of survival or attracting customers
for example small grocery store may try building customer loyalty where as a large grocery store focus on expanding
having different sizes there objectives are different small store could provide personalized item whereas large store would invest in advertisment or gives sales. this shows that small business use cautious strategies to stay afloat in the market until they gain a strong customer base befre they offer some new item whereas even if large business offer a new product and it doesn't work in the market the failure won't ruin there entire brand image

[shamaim shakeel]

Knowledge Point:
A new small grocery store and a large supermarket have different objectives because their size, resources, and experience are not the same. A small store mainly wants to survive, while a large one aims to grow and earn more profit.

Application:
For example, a small local shop like Khan Mini Mart may aim to cover daily costs and build loyal customers, whereas a big supermarket like Carrefour focuses on expanding its branches and increasing national sales.

Analysis:
A small shop has fewer customers, so its main goal is to earn enough money to keep running. When it slowly builds regular buyers, it can start making small profits. As profits increase, it becomes more stable and can plan for future growth showing how survival can later lead to expansion, just like big supermarkets.

[Subhan Zafar]

{KN}Small grocery stores have limited capital and resources, while large supermarkets like Al-Fatah or Tesco have significant financial strength and brand recognition.
{APP}For example, a local grocery store in Lahore may only have enough capital to rent a small shop and stock a limited range of essential goods such as rice, flour, and vegetables. In contrast, a large supermarket like Al-Fatah has significant financial resources that allow it to open multiple branches, invest in modern facilities, and offer a wide range of local and imported products.
{AN}For example, a local grocery store in Lahore may only have enough capital to rent a small shop and stock a limited range of essential goods such as rice, flour, and vegetables. In contrast, a large supermarket like Al-Fatah has significant financial resources that allow it to open multiple branches, invest in modern facilities, and offer a wide range of local and imported products.

[Fatima ibtehaj]

[KN]A new small grocery store is likely to have survival and building a customer base as its main objectives whereas in contrast, a large established supermarket chain will have an objective of profit maximization.
[APP]For example, a new local grocery store opening in a town might focus on attracting nearby residents and covering its running costs in the first year. Meanwhile, a large supermarket chain like walmart may aim to increase market share.
[AN]

[Abdul Hadi]

KN: Business objectives may differ based on the size of the business.
APP: For example a small grocery store may focus on surviving in its first year while a supermarket like Al Fatah may already have a strong market presence.
AN: A small grocery stores main objective may be to create a loyal customer base and survival as it has a higher competition and limited resources, while a bigger supermarket chain may focus on growth and dominance as its main aim is to create dominance and inrease sales, a small grocery store may focus on maintaining cashflow and slaes while a supermarket chain prioritises brand reputation and sustainability goals.

[Naveen fatima]

[KN] A new small grocery store is likely to aim for a survival and attracting customers, while a large supermarket chain focuses on growth and high profit.
[APP] For example, A small local store might try to keep prices low to build loyalty, while a big chain like “target” aims to open more branches and increase market share.
[AN] The small store’s objective is to stay open and cover costs, while the large supermarket aims to expand and dominate the market.The small business focuses on custom Loyalty whereas, the large chain focuses on efficiency and profit growth.

[Muaz Aamir]

KN: A new small grocery store and a big supermarket like Al-Fatah or Tesco have different objectives because they are at different stages of growth.

AP: For example, a new grocery store might aim to survive its first year and attract loyal local customers, while Tesco focuses on increasing market share and expanding to more cities or countries.

AN: The small store needs to build its reputation and steady income first, so its goals are about survival. The large supermarket already has that, so it focuses on growth. Big chains also care more about keeping prices low through bulk buying, while small stores focus personal service.

[Mahnoor satti]

[KN] The large supermarket have the different obective than the small grocery because of the difference in their size.
[APP] For instance a large supermarket like Carrefour will have an objective of growth and Profit maximization however the small grocery shop like Guru mart will have the objective of survival.
[AN] This shows that the small grocery shop needs to first make sure that it is stable enough to change its objective, as the profit increase it can move to growth.

[Uqbah hadeed kayani]

[kn] Smaller, newer businesses often focus on short-term goals like attracting customers and covering basic costs.
[app] A new grocery store might aim to build a loyal local customer base, while a large chain may target national market share or innovation.
[an] The small store’s objective is likely survival and brand awareness, whereas the chain can afford to focus on long-term growth, efficiency, and expansion.

[areeshasaber]

[kn] different business sizes could have different objectives in mind.
[app] for example, a small grocery store's objective could be survival whereas carrefour's objective could be growth.
[an] a small grocery store has a loyal customer base, building brand image and survival, on the other hand, carrefour's could be profit maximization, growth and increase market share.

[M huzaifa jillani]

(KN)
Business objectives depend on the size,age and financial position of a business. New and small businesses usually aim to survive while large established ones focus on growth and profit.
(APP)
For example a new small grocery store in rawalpindi may set an objective to attract local customers and cover its daily costs while a large supermarket chain like carrefour aims to increase market share and open branches.
(AN)
This shows that the small grocery stores main goal is survival and building a customer base while the large supermarket goal is expansion and higher profits. The difference comes from their financial strength and experience big chains can afford long term growth plans but small stores must first ensure stability.

[sikander ali]

[KN]for a large established store they would focus on profit maximization as well as market share where as samll grocery store would focus on growth and survival.
[APP]for instance alfatah a large supermarket as per the objective of increasing market share and profit they would increase prices or selling products with low COP however H&S super store a small grocery store as per their objective they would focus on discount deals and offers likewise having cheaper products to attract new customers increasing consumer base.
[AN]thus this clears out the difference of a large and a small grocery store likewise with their objectives to run the market according to the competition and the market size.

[Shuraim Arif]

(KN) The well established chain would set profit maximization as its main objective whereas the small grocery store would try its best to survive in the market.
(APP) For example, a large chain, that is well established in a country and has many customers, would aim to maximize profit as many people know about it, it has a good brand image, and it has loyal customers. On the other hand, a small grocery store that has recently started trading doesn't enjoy any of these luxuries and aims to survive in the market until it is able to challenge competitors.
(AN) This survival objective prevents the young business to collapse in its early stages and proves to play a key role in the business's success in later years.

[Wahaj Ashraf]

[KN] The well established chain would have set objectives like profit maximization whereas the small grocery store would have objectives like survival.
[APP] e.g.A laarge supermarket is already well known in the market and would already have a larger consumer base whereas a small grocery store wouldn't be that well known in the market and would have a lower consumer base as compared to the larger supermarket chain.
[AN] Thus showing survival is essential for the new supermarket as it will help business survive in the early stages and will help business succeed in later years.