1. Commerce and production
A section of Commerce, 7100
Listing 10 of 460 questions
Maisie is considering opening a coffee bar. Explain two factors that should be considered when deciding on a location for the coffee bar. To what extent will Maisie be involved in trade? Give reasons for your answer. Explain why protection of the consumer is important to Maisie and her customers. Maisie will expect to be given trade credit by wholesalers who supply her. What are the advantages of trade credit for Maisie? Why will these wholesalers also offer Maisie trade discount?
7100_w13_qp_21
THEORY
2013
Paper 2, Variant 1
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Home shopping is becoming more popular. State two different types of home shopping. Discuss whether or not home shopping benefits retailers. Give reasons for your opinion. State and explain one means of payment used by customers when shopping from home. Companies offering home shopping services often use sales promotions and advertising devices. Explain what is meant by sales promotion, giving two examples. Give an example of a method of appeal that might be used by a company offering home shopping services. Describe two ways in which companies offering home shopping services would send goods to customers.
7100_w14_qp_22
THEORY
2014
Paper 2, Variant 2
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Yobe Ltd makes doors and windows. The company trades in its home market and also exports to many countries. What is the purpose of trade? Yobe Ltd has seen a fall in sales revenue recently in its home market. State one possible reason for this fall in sales revenue. Describe two possible ways in which Yobe Ltd might improve its sales revenue in its home market. Describe a possible chain of distribution Yobe Ltd might use when selling to customers in other countries. Explain why it is important for Yobe Ltd to advertise using the Internet. Yobe Ltd’s products for export are usually transported in containers. Assess the use of containerisation for exporting Yobe Ltd’s doors and windows.
7100_w14_qp_22
THEORY
2014
Paper 2, Variant 2
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Questions Discovered
460