Practice Aids To Trade (6.6) - Trade - ICSE 9 Commercial Studies
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Aids to Trade

Practice - Aids to Trade

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What does transport in trade refer to?

💡 Hint: Think about how goods are delivered.

Question 2 Easy

Name one benefit of banking in trade.

💡 Hint: Consider how payments are made.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is one of the main aids to trade?

Marketing
Transport
Sales

💡 Hint: Think about how goods get from one place to another.

Question 2

True or False: Insurance is not important for businesses engaging in trade.

True
False

💡 Hint: Consider the potential losses a business could face.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

A new company wants to enter the market but is hesitant due to potential losses. Discuss how insurance could provide them the confidence to proceed.

💡 Hint: Consider how companies manage risks associated with unexpected events.

Challenge 2 Hard

In a scenario where advertising is drastically cut, what effects might this have on sales for a company?

💡 Hint: Think about how you learn about new products.

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Reference links

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