1. Ways businesses provide goods and services

2. Businesses provide goods and services in different ways
Mobile business
Shopping centre
Local market
Small independent store
Online
Remote community store

3. Ways of providing goods and services Meaning
Shopping centre
A complex of a variety of shops with interconnecting walkways, enabling customers to walk from shop to shop.
Local market
Provides a variety of goods and services in one place, usually an open area, and often only on weekends, or once a month.
Mobile business
This business comes to the customer to provide their goods and services.
Online store
Allows customers to buy goods or services over the internet.
Small independent store
Sometimes referred to as ‘the corner store’, this is the way of providing goods and services to customers from a single location, which is convenient for the local community.
Remote community store
Sometimes referred to as ‘the corner store’, this is the way of providing goods and services to customers from a single location, which is convenient for the local community in remote areas.

4. Advantages and disadvantages of the different ways goods and services are provided
Shopping centre
Advantages
Rely on a steady passing trade, giving high exposure to customers
Disadvantages
Rent is very expensive
Costly shop fit-out
Local market
Potential high exposure to customers
Face-to-face trading
Need to set up and dismantle the stall each day

5. Online store Mobile business
Advantages
24-hours-a-day, seven-days-a-week shopping
Access to customers worldwide
Disadvantages
Potential problems with shipping and transport
Mobile business
Low overheads; flexibility
Difficult to establish a customer base

6. Small independent store Remote community store
Advantages
Responsible for all business decisions; independence
Disadvantages
Difficulty attracting customers to the location
Remote community store
Easy access for customers to fresh foods, groceries and other essentials
Expensive to transport goods

7. Slide image attributions
morgueFile Local markets Shopping centre Online store