Cambridge Past Paper Questions
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Fig. 2 shows the percentage use of drinks cans in different parts of the world in 2014. PERCENTAGE SHARE OF THE TOTAL USE OF DRINKS CANS IN 2014 NO...
Salima imports computers and sells them in bulk to many different kinds of retailers.
The pictures in Fig. 3 show the side of a truck carrying a container and the back of a refrigerated truck. They are owned by Gupta International Tr...
Which sector of production is shown in the diagram? [Figure 1.0]
When making a suit, value is added by
Which action is not an example of trade?
The table shows how a country's labour force is distributed between various industries. industry: agriculture, % of labour force: 8 industry: manuf...
Why are there more new businesses in retailing than in manufacturing?
Which retail outlet is usually in a city centre and offers a wide range of goods in luxury surroundings?
To which type of consumer is internet shopping most likely to appeal?
A retailer who allows informal credit would usually expect payment
Susan buys a jacket using a credit sales agreement. The cash price is $290. Susan pays $50 deposit and the rest of the debt, on which 10% interest ...
A customer buys an expensive picture frame but finds it is too small for her requirements. What is the best way to get back her money?
To prevent a decline in their trade, traditional wholesalers have set up
The following advertisement recently appeared on the Internet. [Figure 12.0]
In which order are the following home trade documents used?
Why does a manufacturer obtain quotations from more than one supplier?
Below is part of an invoice sent to a retailer by a wholesaler. INVOICE 100 pairs ladies shoes at $30 per pair $3000 500 pairs socks at $2 per pair...
Mr Futkov sells cameras. He bought a camera for $165 and sold it for $231. What is his percentage mark-up?
Why are imports important to a country?
Members of a free trade area must agree to
Which problem is faced by a firm selling imported goods rather than selling goods made by a local producer?
An advertisement for hair oil is shown. [Figure 21.0]
What is a personal online diary called?
Which mode of transport is the most flexible for the delivery of goods to a factory?
A company mining diamonds in South Africa uses air transport to carry the diamonds to Sydney, Australia. The decision to use air transport in this ...
How might the construction of new roads to avoid town centres affect the efficiency of road transport?
Which service is offered to passengers at an airport?
Which of the following is not a function of warehousing?
When must goods be stored in a bonded warehouse?
Which type of personal insurance policy has a surrender value if the policyholder decides to stop paying the premiums?
An insured car is badly damaged in a road accident. After full compensation is made, the insurance company sells the car and keeps the money. Which...
Mrs Udawatte owns a house which has a market value of $400000. To save on the price of the premium, she insured the property for $300000. A fire de...
The diagram shows the main functions of a commercial bank. [Figure 33.0]
Which method of payment would a company use to pay dividends directly into the bank accounts of its 2000 shareholders?
Mrs Kadye owns a wholesaling business supplying many retailers. She has warehouses in several parts of the country. Which will be the most importan...
The Wheel Specialist is a franchise that restores alloy car wheels. Which statement about franchising is correct?
What are multinational companies?
A company sells its debts to a third party for immediate cash. What is this method of raising finance called?
During a month a retailer buys 1000 articles for $10 each and sells them all with a mark-up of 40%. His expenses total $500. What is his sales turn...
The rate of turnover for a retail business is 2. Which product is the business most likely to be selling?
Nina is a sole trader. She makes children's clothing at home and sells them from a street market stall.
The table in [Figure 1] shows Country X's exports and imports for 2015. Country X's main exports are tea, textiles and tourism. Country X's main im...
Imran and Khaled plan to set up a car repair business. They are unsure about whether to form a partnership or a private limited company.
Brimstone is a manufacturer of electrical goods such as cookers and refrigerators. Brimstone sells its goods through wholesalers in the home market...
Suraiya is the owner of a small grocery store. There is a large national grocery store within five kilometres of Suraiya's store.
Baba is a large fashion retailer with many branches. Baba imports all the clothing it sells from manufacturers in neighbouring countries. It uses i...
Orion Bank is a large retail bank. It has over 100 branches. Each branch has an ATM.
Shufla Footwear is a shoe manufacturer. It employs 30 production workers. Workers specialise in different tasks, for example, cutting, shaping or s...
Which term describes the manufacture of goods and the provision of services?