Retail chains are a threat to Indian market because -
Answer & explanation
Correct answer: option 3
The correct answer is Small local chains (grocery stores) will be destroyed.
Retail chains pose a threat to small local chains (grocery stores) due to their competitive advantages in terms of economies of scale, pricing power, and brand recognition. They can often offer lower prices, wider product ranges, and more convenient shopping experiences than small local stores. This can make it difficult for small local stores to compete, leading to their decline or closure.