Cambridge Past Paper Questions

Kadir runs a cash and carry warehouse supplying small-scale retailers and market traders in a retail market.

The world has become a global market with multinational companies dominating many industries such as oil, medicines and banking.

Sally Lomes has a current account and a deposit account at a commercial bank. Part of a bank statement for her current account is shown in Fig. 3. ...

A public limited company owns and operates a number of hotels. It wishes to expand its business, increase its turnover and reduce its expenses.

There are three stages in the chain of production. A jar of plum jam weighing 0.5kg is worth more to the customer than 0.5kg of plums growing on a ...

Which aid to trade helps to solve the problems that arise from the seasonal production of goods?

Which retail shop would be classified as a specialty shop?

What is an advantage to the retailer of selling using the Internet?

What is meant by credit?

Why does a government introduce consumer protection laws?

What is the main service provided by a wholesaler?

Why is bread distributed as quickly as possible to retailers?

What is the document giving information in reply to a sales enquiry called?

A customer buys goods costing $200 and is offered terms of '5% 10 days'. How much will the customer pay if he settles his bill two weeks after rece...

If a toy costs $2.40 and it is sold for $3, what is its mark-up?

Which statement describes the entrepôt trade?

The picture shows a customer in a travel agency in the UK, booking a holiday to New York. What kind of international trade is taking place in this ...

The diagram summarises the advantages to a country when a restriction is imposed on imported goods. Which type of restriction is marked X in the di...

What is the aim of most advertising?

The diagrams show advertising slogans. Which slogan is an example of competitive advertising?

What is the main reason for the growth of advertising on the Internet?

The ABC Company wishes to despatch five copies of a 40-page report to a customer who needs them urgently. Which postal service should the company c...

Which large ships are specially designed to carry bulk liquids?

What is an advantage of containerisation in sea transport?

Faster deliveries of goods are being made because of

What is required for the good running of a warehouse?

A national supermarket chain buys its products directly from manufacturers and stores them in a warehouse before sending them to its retail outlets...

What aspect of insurance does the diagram show?

Mrs Ndoro's insured car is written off after an accident. The insurance company compensates her fully for the loss of her car. If the insurance com...

A fire has destroyed the insured house owned by Mr Maboto. What is the first thing he should do when making an insurance claim?

Telebanking is a service provided by banks to customers who cannot visit their bank branches in person. Which facility must be available to the cus...

A customer has an agreed overdraft facility of $200. She has received a bank statement showing the balance of the account to be $120 overdrawn. The...

This cheque is written by J Chang to pay for goods bought from Mujib Wholesalers. Who is the payee for this cheque?

What is the best location for a steelworks?

How does a public sector organisation differ from a private sector organisation?

A well-known bakery sells its products through a nationwide chain of franchises. How does the franchisor benefit from this arrangement?

Which source of finance would be most suitable for a large company planning to modernise its manufacturing equipment?

A trader has the following results: sales $800 000 cost of sales $650 000 expenses $90 000 What is the net profit?

At which stage is production completed?

The diagram below shows a chain of production for a wooden box. cost of planting trees used to make a box $5 manufacturer buys wood at a price of $...

Below is an incomplete diagram showing the structure of commerce. commerce home trade foreign trade aids to trade • advertising • banking • communi...

The diagram shows two retailers, each selling only one main product. Hitched bridal gowns Melt handmade chocolates What is this type of shop called?

Why might a customer wish to shop online rather than use telephone shopping?

Controls on advertising are supported by

What is a reason for the decline in the importance of the wholesaler?

The diagram shows the channel of distribution used by a Chinese manufacturer to export toys to Europe. Chinese manufacturer Forwarding agent X Euro...

Which item is not included in an order?

"2.5% 1 month" is printed on an invoice totalling $100. What does this mean?

Why might a wholesaler offer cash discount to a retailer?

Why do developing countries want to keep some import tariffs?