O-LevelCommerceBusiness enterpriseOct/Nov 2023Paper 1 Q41 Mark

Which statement best describes how industry and trade are interrelated?

Q: What topic does this question test?

This question tests Business enterprise in O-Level Commerce (syllabus code 7100). It is worth 1 mark.

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

The correct answer is B: Industry needs markets at home and abroad to sell its goods.

📋 Examiner Report & Trap Analysis

Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This O-Level Commerce Question

Topic

This multiple-choice question tests Business enterprise in O-Level Commerce (syllabus code 7100). It is worth 1 mark.

Source

This question appeared in the Cambridge O-Level Commerce Oct/Nov 2023 examination, Paper 1 Variant 2.

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