CSEC Principles of Business · May/June 2012 · Paper 2 · Question 3(c)
Outline TWO reasons why firms offer trade discounts.
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Practise this questionOther parts of this question
- 3(a)Define the term 'e-commerce'.[2 marks]
- 3(b)State TWO advantages and TWO disadvantages of 'e-commerce'.[4 marks]
- 3(d)(i)Discuss any TWO of the following 'terms of sale' options that are available to her: a) Hire purchase, b) Lay away plan, c) Credit sale, d) Credit card.[6 marks]
- 3(d)(ii)Given that Maggie buys the refrigerator and it stops working after one month, advise her of TWO actions which she may take to get compensation from the store.[4 marks]
More practice: the rest of this paper · more Promotion, Sales and Consumer Protection questions · all CSEC Principles of Business past papers