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    Small grocery shop owners have gone on a day’s strike in order to protest against the entry of a foreign retail store chain in the city.

    Which of the following statements can be an Effect of the statement given above

  • The small grocery shop owners perceive the big retail giants as sharks, trying to dominate the available market space.
  • Foreign investment in retail has shown a tremendous growth in India since a couple of years.
  • There have been several countries in which retail chain giants have totally wiped out small scale retailers.
  • The government agreed to take all political steps required to safeguard the interests of small scale retailers.
  • A recent survey indicated that a large number of people prefer to buy their daily grocery items from the nearby grocery stores rather than big retail chain stores.