You are on page 1of 3

An investment is an asset or item acquired with the

goal of generating income or appreciation. In an


economic sense, an investment is the purchase of
goods that are not consumed today but are used in
the future to create wealth. In finance, an investment
is a monetary asset purchased with the idea that the
asset will provide income in the future or will later be
sold at a higher price for a profit.
General line of merchandise
From Wikipedia, the free encyclopedia
Jump to navigationJump to search

A typical rural general store


General line of merchandise or general merchandise is
a term used in retail and wholesale business in reference
to merchandise not limited to some particular
category. General merchandise stores (general stores)
address this sector of retail.
According to the North American Industry Classification
System 2002, the following types of general merchandise
are excluded from the line carried by general stores:[1]
 general line of building and home
improvement materials (44411, Home Centres)
 general line of grocery items (44511, Supermarkets and

Other Grocery (except Convenience) Stores)


 general line of used goods (45331, Used Merchandise

Stores)
Regardless of this classification system, general stores
indeed carry basic grocery items, often limited produce,
basic hardware and gardening tools, and other
necessaries of rural life.

Sari-sari stores have higher prices when compared to


supermarkets but provides several benefits to their customers.
The sari-sari store allows members of the community easy
access to basic commodities at low costs. ... The store may also
allow purchases on credit to their customer
sari-sari store, or neighborhood sundry store,[1] is a convenience
store found in the Philippines. The
word sari-sari is Tagalog meaning "variety" or "sundry". Such
stores form an important economic and social location in
a Filipino community and is ubiquitous in neighborhoods and
streets. Sari-sari stores tend to be family-run and privately
owned [1] operating within the shopkeeper's residence.
Commodities are displayed in a large screen-covered or metal
barred window in front of the shop.[2]Candies in recycled
jars, canned goods and cigarettes are displayed while cooking
oil, salt and sugar are stored at the back of the shop. Prepaid
mobile phone credits are provided.[2] The sari-sari store operates
with a small revolving fund,[1] and generally doesn't provide
perishable goods requiring refrigeration.[3] The few that do, have
refrigerators to store soft drinks, beers and bottled water.[2]

You might also like