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WorksheetsCommerce
Total questions: 10
Worksheet time: 8mins
What are the functions of a large scale retailer ?
Invest a lot in Capital
Does not arrange transport
Does not buy in bulk
Buys raw materials
The function of the wholesaler is to buy from
(a)
what is visible trade ?
trade in retail
Trade in raw materials
Trade in Goods
Trade in Services
Select the correct advantage of sole trader
He can freely take holidays.
job management can be divided
unlimited liability
Able to make quick decisions.
what is exports ?
They are trade in services
when your own country sells something to another country.
trade in goods
when your own country buy goods from other countries.
Which of these is the correct disadvantage of a sole trade?
Bearing losses
No need to give salary
Can make decisions alone.
There won't be any conflicts.
Which of these is the correct advantage of a partnership?
Disagreements
More ideas
Unlimited liability
Share profits
Types of warehouses
Cold storage
General warehouse
cash and carry warehouse
all of the above
What is invisible trade ?
Trade in raw materials
It is trade in goods
It is trade in services
Trade in cars
what is a partnership and what are their advantages
