O-LevelCommerceBusiness enterprise7100/12 · Oct/Nov 2023 · Q41 Mark

Which statement best describes how industry and trade are interrelated?

AIndustry needs finance to expand its operations.

BIndustry needs markets at home and abroad to sell its goods.

CIndustry needs storage before sale of its finished goods.

DIndustry needs transport to deliver goods to consumers.

✓ Correct answer

B: Industry needs markets at home and abroad to sell its goods.

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Topic: Business enterprise, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2023 Paper 1 Variant 2, question 4.

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