Consider supporting us on Patreon. Help us keep revisedeck free.
2.3. Retailing
A subsection of Commerce, 7100, through 2. Commercial operations
Listing 10 of 316 questions
Suraiya is the owner of a small grocery store. There is a large national grocery store within five kilometres of Suraiya’s store. Identify two reasons why customers might prefer to use the large national grocery retailer rather than Suraiya’s store. Explain two reasons why providing a personal service is important to Suraiya’s business. The large national grocery retailer uses both bar-coding and EPOS. Explain what is meant by: bar-coding EPOS Suraiya offers informal credit to her customers. Explain one benefit to Suraiya’s customers of informal credit. Explain one drawback to Suraiya in offering informal credit. The national grocery retailer allows customers to pay by debit card. Discuss whether or not Suraiya should accept payments by debit card from customers. Give reasons for your answer.
7100_s16_qp_22
THEORY
2016
Paper 2, Variant 2
View
Baba is a large fashion retailer with many branches. Baba imports all the clothing it sells from manufacturers in neighbouring countries. It uses its own vehicles to transport goods by road from these manufacturers to its central warehouse. Explain two benefits to Baba of using its own transport vehicles. Explain why Baba uses a central warehouse. Explain how Baba might be affected by each of the following: import tariffs import quotas Baba has introduced a sales promotion in its stores: SPECIAL OFFER Spend More Than $40 and Obtain 5% Discount BUY NOW Fig. 3 Use the information in Fig. 3 to help you answer the following questions. Calculate the amount paid by a customer who buys goods worth $120. Show your working. Discuss whether or not Baba should offer sales promotions to its customers. Give reasons for your answer.
7100_s16_qp_22
THEORY
2016
Paper 2, Variant 2
View
S Wholesalers imports high quality food products which it sells to retailers. Identify one type of transport that S Wholesalers might use to deliver goods to retailers. Describe two advantages to a retailer of purchasing high quality food products from S Wholesalers. S Wholesalers is considering opening its own retail shop. Do you think it should do this? Give reasons for your answer. The products shown in Fig. 1 have been sold to M Retail. S Wholesalers INVOICE Invoice No: 1794 Date: 1 April 2017 Terms: 5% 30 days To: M Retail Product Code Item Quantity Unit Price $ Amount $ Duck Pâté 2 boxes 25.00 50.00 Bread Sticks 4 boxes 10.00 40.00 Amount payable 90.00 Fig. 1 Use Fig. 1 to help you answer the following questions. Calculate the total amount paid by M Retail if it pays the invoice within 30 days. Show your working. Should S Wholesalers offer this discount? Discuss whether or not wholesalers, such as S Wholesalers, are likely to survive in the future.
7100_s17_qp_22
THEORY
2017
Paper 2, Variant 2
View
Questions Discovered
316