O-LevelCommerceGlobal tradeMay/June 2014Paper 1 Q111 Mark
The diagram shows four different intermediaries a manufacturer, Salmon & Company, could use to export its products. [Figure 11.1 - Diagram showing Salmon & Company connected to agent, merchant, broker, factor] Which activity applies only to a merchant when preparing to export Salmon & Company's products?
Aarranging necessary transport to carry products to other countries
Bbuying the products before selling them for profit
Cfinding and dealing with creditworthy buyers in other countries
Dproviding suitable warehousing while the products await export
✓ Correct Answer
The correct answer is B: buying the products before selling them for profit
📋 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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