7100_s19_qp_23
A paper of Commerce, 7100
Questions:
5
Year:
2019
Paper:
2
Variant:
3
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1
shows three brands of water sold in plastic bottles by AA Ltd. Baywater Caspian Oceane Use to help you answer the following questions. Give two reasons why AA Ltd offers different brands of bottled water for sale. State two advantages of branding goods. The water is packaged in plastic bottles. Identify one other way of packaging water. Circle the correct answer to complete each of the following sentences. Water is an example of a human need OR want. An example of renewable energy is oil OR wind. AA Ltd uses trucks to move the bottled water around the country. Is road the best way to move bottled water? Give reasons for your answer. Discuss whether or not AA Ltd needs warehousing as part of its business. Give reasons for your answer.
2. Commercial operations  →  2.3. Retailing
6. Sustainability and ethics  →  6.1.2. Actions to improve sustainability
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2
A coffee shop had total sales of $65 000. Total expenses were $8 000 and the cost of goods sold was $20 000. The coffee shop is located in a town centre. Calculate the value of the following. Show your working. the gross profit the net profit (profit for the year) Explain two ways in which this coffee shop could increase its sales revenue. Explain one reason why many coffee shops are located in town centres. The coffee shop owner is renewing the shop insurance and is considering using an insurance broker rather than going directly to an insurance company. Discuss whether the shop owner should use an insurance broker to renew the shop insurance. Give reasons for your answer.
5. Aids to trade that support commerce  →  5.4.2. Commercial calculations
5. Aids to trade that support commerce  →  5.3.3. How enterprises make use of insurance
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3
shows an invoice that has been used in a commercial transaction between a wholesaler and a retailer. INVOICE No. 832 BB Wholesalers Mumbai CC Retailers 28 September 2018 Mumbai Terms: 5% 21 days Your Order No. 596 Code Description Quantity Unit Price Amount $ $ J490 Jeans MJ628 Jackets S952 Sweaters T637 Ties Sub-total LESS Trade Discount 20% … … Invoice Total … … Use to help you answer the following questions. Complete the invoice in by entering Trade Discount and Invoice Total. Explain what is meant by Terms: 5% 21 days. Explain one difference between an order and an invoice. Discuss whether retailers should buy their stock from a wholesaler or buy directly from manufacturers. Which would you recommend? Give reasons for your answer.
2. Commercial operations  →  2.4. Wholesaling
1. Commerce and production  →  1.2.4. Intermediaries in a supply chain
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4
Banks provide a number of services to their customers. Which of these statements about banking are TRUE and which are FALSE? Tick (3) TRUE or FALSE in the correct column. TRUE FALSE A deposit account allows customers to have an overdraft limit. ATMs can be used at any time. The cashless society is gradually removing the need to write cheques. Is it a good idea for bank customers to use mobile banking? Give reasons for your answer. Discuss whether it is better for a customer to pay for an expensive TV with a debit card or a credit card. Give reasons for your answer.
5. Aids to trade that support commerce  →  5.2.2. Digital technology in banking
5. Aids to trade that support commerce  →  5.2. Banking
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5
shows an online advertisement for DD Freight Forwarders. DD Freight Forwarders (UK) providing air and sea freight services for over 25 years Experienced in dealing with customs authorities around the world To request a price or arrange a shipment call us now on +44 (0) 2312115689 Or click here to complete our online enquiry form We will do the rest! Use to help you to answer the following questions. What is the main function of a freight forwarder? Identify two examples from the advertisement that make it informative. Suggest two ways DD Freight Forwarders (UK) might make this advertisement more persuasive. The online advertisement mentions telephone and completing an enquiry form. Describe one other method of communication that an international company might use in its operations. Describe two ways that customs authorities can restrict the amount of goods imported into a country. Discuss whether DD Freight Forwarders (UK) should use air or sea transport for the delivery of machinery from London to Tokyo. Which method of transport would you recommend? Give reasons for your answer.
1. Commerce and production  →  1.1.2. Aids to trade and logistics
3. Globalisation of trade  →  3.1.2. Challenges of international trade to exporters and importers
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