Many Small And Local Businesses Are Unable To Compete With Supermarkets | Band 7.5 IELTS Essay Sample
Due to the development and rapid expansion of supermarkets in some countries, many small and local businesses are unable to compete. Some people think that the closure of local businesses will bring about the death of local communities. To what extent do you agree or disagree?
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Band 7.5 IELTS essay sample
Many small business entities are struggling to survive in the competition with supermarkets, which are expanding their domination in local communities. It is believed that the demise of local businesses can cause economic downturn in these areas. I partly agree with this idea.
There is a growing concern about the probability of supermarkets destroying local economies. Small local stores cannot offer cheaper prices than supermarkets. Big marts purchase products in bulk, which enables them to offer competitive prices. Small businesses run by just the owner or a few employees cannot offer the same prices or customer care and will eventually lose their market share. The impact the discontinuance of local businesses has on the local economies is so immense that it leads to a long-term economic recession in local communities.
Contrary to this concern, large businesses can benefit local communities in many ways. First, a host of local people can have more opportunities to participate in economic activities. One chain of supermarket needs a number of employees to operate stores in the chain and the number of stores in the chain exceeds the number of employees at local businesses. Additionally, they need more workers to be allocated for distribution and operation. Second, the conglomerate can contribute to the improvement of welfare in local areas. Most companies capitalize on investment in the local area as their marketing strategy and residents can gain benefits from it. This investment can be exhibitions, concerts or support for local sport team.
In conclusion, some people are apprehensive about the future of local economy due to the entry of supermarkets. I contend that despite the possibility of reduction in the number of small businesses, local communities can garner more benefits from big chains which offer employment opportunities and investment into welfare.
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