O-LevelCommerceRetail trade7100/12 · Oct/Nov 2015 · Q71 Mark

A large-scale retailer is in a better competitive position than a small-scale retailer because

Ait buys in bulk direct from suppliers at discounted prices.

Bit is located in city centres with high costs, such as rent.

Cit offers a narrow range of goods and personal service.

Dit provides informal credit to regular customers.

✓ Correct answer

A: it buys in bulk direct from suppliers at discounted prices.

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Topic: Retail trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2015 Paper 1 Variant 2, question 7.

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