Question 2
Question 2 of 40
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No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
1. Commerce and productio...
1.2. Production

the advantages and disadvantages of specialisation for an individual, factory and country

4. Logistics in commerce
4.2. Warehousing

the benefits of warehouse automation: lower labour costs, less human error, improved picking accuracy, improved inventory control and improved customer service

3. Globalisation of trade
3.2. Global supply chain management

the benefits of global supply chain management: lower cost of production, lower labour costs, lower cost of purchasing, advancement in logistics and communication