O-LevelCommerceRetail trade7100/12 · May/June 2016 · Q51 Mark

Why are there more new businesses in retailing than in manufacturing?

AFewer skills are required to run a retail outlet.

BMore capital is required to start retail trading.

CRetailers can obtain bank loans without collateral security.

DRetailers require larger premises than manufacturers.

✓ Correct answer

A: Fewer skills are required to run a retail outlet.

Oracle Prep sorts past-paper questions by topic, so you can drill Retail trade and see which topics are most likely to come up next.

Topic: Retail trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2016 Paper 1 Variant 2, question 5.

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