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Classify items under department stores, sales promotion, transport, and warehousing. State four factors for choosing a business location. State and explain four functions of a wholesaler to a producer

Business/Management

ScanSolve AI Answer

1 (a) Classify the items below under department stores, sales promotion, transport and warehousing.

  • Department Stores: "The buyer"
  • Sales Promotion: Premium, Free gifts, Credit
  • Transport: Delivery note
  • Warehousing: Fork lift, Conveyors, Advice note

1 (b) State FOUR factors that determine the choice of a business location.

  • Proximity to raw materials
  • Proximity to markets/customers
  • Availability of labor
  • Availability of infrastructure (e.g., roads, utilities)

1 (c) State and explain FOUR functions of a wholesaler to a producer.

  • Bulk breaking: Wholesalers buy large quantities from producers and sell in smaller, manageable quantities to retailers.
  • Warehousing: They store goods, reducing the producer's storage costs and risks.
  • Transportation: Wholesalers often arrange the transport of goods from the producer to their own warehouses and then to retailers.
  • Market information: They provide feedback to producers about market trends, customer preferences, and competitor activities.

*2 (a) Name any TWO advantages and TWO disadvantages of using mobile money services

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