O-LevelCommerceRetail trade7100/12 · Oct/Nov 2023 · Q71 Mark

Which row about large-scale retailers and small-scale retailers is correct? [Figure: Table comparing large-scale retailers and small-scale retailers characteristics.]

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Abuy mainly from manufacturers / buy mainly from wholesalers

Bcharge high prices due to overheads / charge low prices due to quick turnover

Coffer informal credit / offer extended credit

Dstock specialist low-demanded goods / stock large variety of products

✓ Correct answer

A: buy mainly from manufacturers / buy mainly from wholesalers

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Topic: Retail trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2023 Paper 1 Variant 2, question 7.

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