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2. Commercial operations
A section of Commerce, 7100
Listing 10 of 988 questions
Fig. 1 describes some of the activities involved in the production of fruit juice. Polly and Frankie own a fruit farm. They are involved in the …… sector of production. They sell oranges and grapefruit to Marabella Juicers, a …… business in the secondary sector of production. Marabella Juicers adds value to the fruit it sells to wholesalers who buy in bulk and distribute to a number of small-scale retailers. All these people are engaged in …… because they either buy or sell. Fig. 1 Use the information given in Fig. 1 to help you to answer the following questions. Identify the words missing from the points labelled , and in Fig. 1. State two ways in which Marabella Juicers adds value to the oranges and grapefruit. Is it better for small-scale retailers to buy from wholesalers rather than to buy directly from Marabella Juicers? Give reasons for your answer. Marabella Juicers sends invoices and statements of account to the wholesalers who buy from them on credit. State one function of an invoice. State one function of a statement of account. Why do wholesalers buy on credit from Marabella Juicers? A wholesaler has returned a case of orange juice for which he has been charged $100. The packaging of the orange juice is faulty. Explain the actions Marabella Juicers should take.
7100_s11_qp_23
THEORY
2011
Paper 2, Variant 3
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Questions Discovered
988