This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.
ScanSolve AI Answer
Step 1: Analyze Question 1. a)* Classify the items below under department stores, sales promotion, transport and warehousing. Department stores: Credit, Premium Sales promotion: Free gifts Transport and warehousing: Advice note, Conveyors, Delivery note, Fork lift "The buyer" is a general term for a party in a transaction and does not fit specifically into these categories. b)* State FOUR factors that determine the choice of a business location. 1. Proximity to market: Locating near customers ensures easy access and reduces transport costs for buyers. 2. Availability of raw materials: For manufacturing businesses, being close to sources of raw

