- 22 Sections
- 824 Lessons
- 32 Weeks
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- Sample ContentSample Notes, Videos, Quizzes, Cheat Sheets, Assignments and Much More For Pre-Purchase Consideration.4
- Course Related InformationImportant Information Related To The Courses, Live Classes, Zoom Links, Etc.0
- Notes + Written Material For Contents of The SyllabusNotes for Chapters + Written Resources Regarding The Content129
- 3.1Commerce And Production: Trade And Commerce: Trade: The Meaning Of The Terms Trade And Commerce, Showing The Differences Between The Two Terms
- 3.2Commerce And Production: Trade And Commerce: Trade: The Meaning Of Home Trade (Retail And Wholesale)
- 3.3Commerce And Production: Trade And Commerce: Trade: The Meaning Of International Trade (Exports And Imports)
- 3.4Commerce And Production: Trade And Commerce: Aids To Trade And Logistics: The Meaning Of Aids To Trade
- 3.5Commerce And Production: Trade And Commerce: Aids To Trade And Logistics: The Types Of Aids To Trade: Communications, Transport, Warehousing, Advertising, Banking And Insurance
- 3.6Commerce And Production: Trade And Commerce: Aids To Trade And LogisticsThe Meaning Of Logistics:
- 3.7Commerce And Production: Trade And Commerce: Aids To Trade And Logistics: The Elements Of Logistics In A Supply Chain: Transport, Freight Forwarders And Warehousing
- 3.8Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Traditional Commerce: Buying And Selling Goods And/or Services At A Physical Location
- 3.9Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Ecommerce (Electronic Commerce): Buying And Selling Goods And/or Services Via The Internet/websites
- 3.10Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Mcommerce (Mobile Commerce): Buying And Selling Goods And/or Services Via A Mobile Device, Such As A Smartphone Or Tablet
- 3.11Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Scommerce (Social Commerce): Buying And Selling Goods And/or Services Via Social Media Channels
- 3.12Commerce And Production: Trade And Commerce: The Relationship Between Production, Trade And Commerce: Understand How Production, Trade And Commerce Are Interdependent
- 3.13Commerce And Production: Production: Sectors Of Production And Specialisation: The Features Of Primary (Extractive) Industries, Secondary (Manufacturing And Construction) Industries, Tertiary Activities (Commercial Services And Direct Services) And Quaternary Activities (Digital Technology)
- 3.14Commerce And Production: Production: Sectors Of Production And Specialisation: The Meaning Of Specialisation
- 3.15Commerce And Production: Production: Sectors Of Production And Specialisation: The Advantages And Disadvantages Of Specialisation For An Individual, Factory And Country
- 3.16Commerce And Production: Production: In-house Production And Outsourced Production: The Meaning Of In-house Production And Outsourced Production
- 3.17Commerce And Production: Production: In-house Production And Outsourced Production: The Benefits Of In-house Production Over Outsourced Production, Including Control On Quality And Information
- 3.18Commerce And Production: Production: In-house Production And Outsourced Production: The Benefits Of Outsourced Production Over In-house Production, Including Accessing Expertise And Cost Savings
- 3.19Commerce And Production: Production: Global Supply Chains: The Meaning Of A Global Supply Chain And A Domestic Supply Chain
- 3.20Commerce And Production: Production: Intermediaries In A Supply Chain: The Role Of Home Trade Intermediaries In A Supply Chain: Wholesaler And Retailer
- 3.21Commerce And Production: Production: Intermediaries In A Supply Chain: The Role Of International Trade Intermediaries In A Supply Chain: Agent And Factor
- 3.22Commerce And Production: Production: Effects Of Digital Technology On Production: The Impact Of Automation, E.g. Using Robotics In Production
- 3.23Commerce And Production: Production: Effects Of Digital Technology On Production: The Impact On Production Of Digital Communication With Suppliers, E.g. Using Electronic Data Interchange (Edi)
- 3.24Commerce And Production: Production: Costs Involved In Trade, Commerce And Production: Identifying The Different Types Of Costs Used In Trade, Commerce And Production: Advertising, Bank Charges, Commission, Customs Duties, Inventory, Labour, Packaging, Transport, Utilities And Warehousing
- 3.25Commerce And Production: Production: Costs Involved In Trade, Commerce And Production: Complete Simple Calculations Of Costs In Given Situations
- 3.26Commercial Operations: Commercial Enterprises: Private And Public Sector Enterprises: The Difference Between Private And Public Sector Enterprises
- 3.27Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Features Of Private Sector Enterprises: Sole Trader, Cooperative, Partnership, Private Limited Company And Public Limited Company
- 3.28Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Features Of Public Corporations
- 3.29Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Reasons For Public Corporations
- 3.30Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Appropriateness Of Different Types Of Ownership In Given Situations
- 3.31Commercial Operations: Commercial Enterprises: Multinational Companies (Mncs) In The Global Economy: The Features Of Multinational Companies
- 3.32Commercial Operations: Commercial Enterprises: Multinational Companies (Mncs) In The Global Economy: The Reasons For The Existence Of Multinational Companies In The Global Economy
- 3.33Commercial Operations: Commercial Enterprises: Multinational Companies (Mncs) In The Global Economy: The Positive And Negative Impacts On A Country Of Multinational Companies Locating In The Country
- 3.34Commercial Operations: Commercial Enterprises: Franchises: The Features Of Franchises
- 3.35Commercial Operations: Commercial Enterprises: Franchises: The Advantages And Disadvantages Of Franchises
- 3.36Commercial Operations: Commercial Enterprises: Physical And Ecommerce Location Factors: The Physical Location Factors: Labour, Markets, Transport, Power, Raw Materials, Competition, Suppliers, Communication And Government Influence
- 3.37Commercial Operations: Commercial Enterprises: Physical And Ecommerce Location Factors: The Ecommerce Location Factors: Wi-fi, Warehousing, Technology Specialists, And Logistics
- 3.38Commercial Operations: Commercial Enterprises: Physical And Ecommerce Location Factors: The Appropriateness Of Physical And Ecommerce Location Factors In Given Situations
- 3.39Commercial Operations: Outsourcing: Growth Of Outsourcing: The Growth Of Outsourcing: Contract Manufacturing And Logistics
- 3.40Commercial Operations: Retailing: Types Of Retailers: The Different Types Of Small-scale And Large-scale Retailers: Itinerant Retailers, Vending Machines, Independent Retailers, Street Markets, Speciality Shops, Online Retailers, Multiple Chain Stores, Supermarkets, Hypermarkets And Department Stores
- 3.41Commercial Operations: Retailing: Types Of Retailers: The Features Of Each Type Of Retailer
- 3.42Commercial Operations: Retailing: Types Of Retailers: The Advantages And Disadvantages Of Each Type Of Retailer
- 3.43Commercial Operations: Retailing: Types Of Retailers: Reasons Why The Small-scale Retailer Often Survives, E.g. Personal Service, Flexible Opening Hours And Additional Services Provided
- 3.44Commercial Operations: Retailing: Retail Selling Techniques: The Different Types Of Retail Selling Techniques: Branding, Own Brands, Logos, Packaging, Self Service, After‑sales Service, Barcoding, Direct Mail, Loyalty Programmes, Informal Credit And Cash On Delivery
- 3.45Commercial Operations: Retailing: Digital Retail Trends: The Different Types Of Digital Retail Trends: Omnichannel Retailing, Cashless Stores, Electronic Point Of Sale (Epos), Click And Collect, Self-service Checkouts, Subscription Commerce, Qr Codes, Virtual Reality (Vr) Showrooms, Dropshipping, Mobile Phone/smartphone Apps And Multi-channel Retailing
- 3.46Commercial Operations: Retailing: Effects Of Ecommerce On Traditional Commerce: The Positive Impacts Of Ecommerce On Traditional Commerce, E.g. 24/7 Selling Opportunities, More Potential Customers, Increased Revenue, Targeted Marketing And Reduced Operating Store Costs
- 3.47Commercial Operations: Retailing: Effects Of Ecommerce On Traditional Commerce: The Negative Impacts Of Ecommerce On Traditional Commerce, E.g. Increased Costs (Delivery, Staff Training And Larger Warehousing Space) And Website Maintenance
- 3.48Commercial Operations: Wholesaling: Functions And Importance Of The Wholesaler: The Functions And Services Provided By The Wholesaler
- 3.49Commercial Operations: Wholesaling: Functions And Importance Of The Wholesaler: The Importance Of The Wholesaler To The Manufacturer And Retailer
- 3.50Commercial Operations: Wholesaling: Functions And Importance Of The Wholesaler: Reasons Why The Independent Wholesaler Survives: Cash And Carry And Voluntary Chains
- 3.51Commercial Operations: Trading Documents: Documents Of Home Trade: Different Types Of Documents Used In Home Trade: Enquiry, Quotation, Order, Invoice, Delivery Note, Credit Note, Statement Of Account And Receipt
- 3.52Commercial Operations: Trading Documents: Documents Of International Trade: Different Types Of Documents Used In International Trade: Certificate Of Origin, Bill Of Lading, Air Waybill And Documentary Credit (Letters Of Credit)
- 3.53Commercial Operations: Trading Documents: Digital Use Of Trading Documents: The Stages Of The Online Ordering Process: From Buyer Browsing Website To Receiving Order
- 3.54Commercial Operations: Trading Documents: Digital Use Of Trading Documents: Identifying Digital Technology In Trading Documents, E.g. Digital Signatures, Secure Access, Cloud-based Storage, Electronic Receipts And Etickets
- 3.55Commercial Operations: Communication: Types Of Communication: The Distinction Between Different Types Of Communication: Written, Oral, Electronic And Visual Communication
- 3.56Commercial Operations: Communication: Methods Of Communication: The Different Methods Of Communication: Letter, Telephone, Face To Face, Videoconferencing, Email, Web-based Chat (Including Chatbots), Social Media And Posters
- 3.57Commercial Operations: Communication: Factors That Affect Communication: The Appropriateness Of Factors Affecting Choice Of Method Of Communication In Given Situations: Urgency, Cost, Security, Distance, Availability Of Networks And Importance Of The Message
- 3.58Globalisation Of Trade: International Trade: Benefits Of International Trade To A Country: The Benefits Of International Trade To A Country: Wider Choice Of Goods, Higher Standard Of Living, Lower Cost Of Imports, More Investment And Creation Of Jobs
- 3.59Globalisation Of Trade: International Trade: Challenges Of International Trade To Exporters And Importers: The Challenges Of International Trade To Exporters And Importers: Distance, Language, Methods Of Payment, Documentation, Transport, Customs Duties, Non-payment, Currencies, Foreign Exchange Rates, Competition And Different Legal Systems
- 3.60Globalisation Of Trade: International Trade: Balance Of Trade And Balance Of Payments: The Difference Between Balance Of Trade And Balance Of Payments
- 3.61Globalisation Of Trade: International Trade: Balance Of Trade And Balance Of Payments: Calculation And Interpretation Of Balance Of Trade And Balance Of Payments From Given Figures
- 3.62Globalisation Of Trade: International Trade: Balance Of Trade And Balance Of Payments: How Commercial Activities Affect The Balance Of Trade And Balance Of Payments
- 3.63Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Meaning Of Free Trade
- 3.64Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Features Of A Trading Bloc
- 3.65Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Advantages And Disadvantages Of Joining A Trading Bloc
- 3.66Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Types Of Trade Restrictions: Tariffs, Quotas And Embargoes
- 3.67Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Potential Effects Of Trade Restrictions On Commercial Activities
- 3.68Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Sources Of Support For Exporters: International Trade Fairs, Cheaper Bank Loans And Insurance Guarantees
- 3.69Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Different Types Of Global Supply Chains: Simple Supply Chain (Supplier To Manufacturer To Consumer) And Complex Supply Chains (Supplier To Agent To Wholesaler To Retailer To Consumer)
- 3.70Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Features Of Global Supply Chain Management: Upstream, The Enterprise And Downstream
- 3.71Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Importance Of Suppliers In The Global Supply Chain
- 3.72Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Benefits Of Global Supply Chain Management: Lower Cost Of Production, Lower Labour Costs, Lower Cost Of Purchasing, Advancement In Logistics And Communication
- 3.73Globalisation Of Trade: Global Supply Chain Management: Global Supply Chain Risks: The Risks To Global Supply Chains: Environmental (E.g. Pollution, Deforestation), Natural Disasters, Financial, Ethical, Technological And Political Risks
- 3.74Globalisation Of Trade: Global Supply Chain Management: Global Supply Chain Risks: The Importance Of Risk Assessment In The Global Supply Chain
- 3.75Logistics In Commerce: Transport: The Three Functions Of Transport In The Supply Chain: Time, Place And Quantity
- 3.76Logistics In Commerce: Transport: The Types And Methods Of Transport: Road: Delivery Vans, Trucks, Couriers
- 3.77Logistics In Commerce: Transport: The Types And Methods Of Transport: Rail: Freight Trains
- 3.78Logistics In Commerce: Transport: The Types And Methods Of Transport: Air: Freight Planes
- 3.79Logistics In Commerce: Transport: The Types And Methods Of Transport: Sea: Ferry, Tanker, Container Ship, Cargo Liner
- 3.80Logistics In Commerce: Transport: The Types And Methods Of Transport: Pipeline
- 3.81Logistics In Commerce: Transport: The Advantages And Disadvantages Of Different Methods Of Transport
- 3.82Logistics In Commerce: Transport: The Appropriateness Of Factors Affecting Choice Of Method Of Transport In Given Situations: Nature Of Goods, Urgency, Cost, Security, Distance And Reliability Of Transporter
- 3.83Logistics In Commerce: Transport: The Features Of Containerisation, Including Transshipment
- 3.84Logistics In Commerce: Transport: The Advantages And Disadvantages Of Containerisation
- 3.85Logistics In Commerce: Warehousing: The Functions Of Warehousing In The Supply Chain: Links With Seasonal Production, Demand, Protecting Supply And Price Stability And Logistics Postponement
- 3.86Logistics In Commerce: Warehousing: The Different Types Of Warehouse: Bonded, Cold Storage, Cash And Carry And Regional Distribution Centres (Rdcs)
- 3.87Logistics In Commerce: Warehousing: The Uses Of Automation In Warehousing: Robotics, Automated Sorting And Voice Picking
- 3.88Logistics In Commerce: Warehousing: The Benefits Of Warehouse Automation: Lower Labour Costs, Less Human Error, Improved Picking Accuracy, Improved Inventory Control And Improved Customer Service
- 3.89Aids To Trade That Support Commerce: Advertising: Types Of Advertising: The Purposes Of Advertising
- 3.90Aids To Trade That Support Commerce: Advertising: Types Of Advertising: The Types Of Advertising: Informative, Persuasive, Collective (Generic) And Competitive
- 3.91Aids To Trade That Support Commerce: Advertising: Types Of Advertising: The Advantages And Disadvantages Of The Different Types Of Advertisin
- 3.92Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Methods Of Traditional Advertising Media: Television, Radio, Cinema, Newspapers (Local And National), Magazines/trade Journals, Leaflets/flyers, Packaging, Direct Mail, Sponsorship, Catalogues/brochures, Posters, Transport Vehicles, Window Displays, Point Of Sale Displays, Signboards And Word Of Mouth
- 3.93Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Methods Of Digital Advertising Media: Social Media Advertising And Other Internet Advertising (Including Websites, Search Engines), Display Advertisements, Video Advertisements, Email Marketing, Digital Billboards And Social Media Influencers
- 3.94Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Advantages And Disadvantages Of Different Methods Of Traditional And Digital Media For Advertising Campaigns
- 3.95Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Appropriateness Of The Factors Affecting Choice Of Method Of Advertising In Given Situations: Audience, Cost, Cultural And Legal Considerations, Flexibility To Change, Local And International Market Coverage, Multi-channel Advertising, Timing And Type Of Product
- 3.96Aids To Trade That Support Commerce: Advertising: Methods Of Appeal Used In Advertising: The Different Types Of Methods Of Appeal Used In Advertising: Emotion, Fear, Humour, Rational, Ambition, Social Acceptance, Romantic, Adventure, Music, Endorsement By Celebrities And Social Media Influencers
- 3.97Aids To Trade That Support Commerce: Advertising: Methods Of Appeal Used In Advertising: The Appropriateness Of Methods Of Appeal Used In Advertising In Given Situations
- 3.98Aids To Trade That Support Commerce: Advertising: Sales Promotion: The Meaning Of Sales Promotion
- 3.99Aids To Trade That Support Commerce: Advertising: Sales Promotion: The Methods Of Sales Promotion: Point Of Sale, Special Offers, Sponsorship, Displays, Competitions, Coupons, Sales Periods, Loss Leaders, Free Gifts And Free Samples
- 3.100Aids To Trade That Support Commerce: Advertising: Sales Promotion: The Factors Affecting Choice Of Sales Promotion Methods In Given Situations: Business Type, Competitors, Cost, Nature Of Product, New/old Product And Timing
- 3.101Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Accounts: Current And Deposit/savings
- 3.102Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Customer Services: Atm, Night Safe, Foreign Currency, Financial Advice And Telephone Banking
- 3.103Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Payments: Cash, Cheque, Credit Card, Debit Card, Store Card, Credit Transfer, Standing Order, Direct Debit, Electronic Transfer And Documentary Credit (Letter Of Credit)
- 3.104Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Sources Of Finance: Loan, Overdraft, Mortgage And Hire Purchase
- 3.105Aids To Trade That Support Commerce: Banking: Banking Services: The Appropriateness Of Choosing Banking Services In Given Situations
- 3.106Aids To Trade That Support Commerce: Banking: Digital Technology In Banking: The Different Types Of Digital Banking: Internet Banking And Mobile Banking
- 3.107Aids To Trade That Support Commerce: Banking: Digital Technology In Banking: The Advantages And Disadvantages Of Digital Banking
- 3.108Aids To Trade That Support Commerce: Banking: Digital Technology In Banking: The Impact Of Digital Banking: Closure Of Bank Branches, More Digital-only Banks And Less Use Of Cash (Cashless Society)
- 3.109Aids To Trade That Support Commerce: Insurance: Purposes Of Insurance: The Purposes Of Insurance: Risk Reduction, Compensation, Financial Protection, Business Confidence And Investment
- 3.110Aids To Trade That Support Commerce: Insurance: Types Of Insurance Risk: The Different Types Of Insurance Risk: Consequential Loss, Employer’s Liability, Fire, Motor, Premises, Public Liability And Theft
- 3.111Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Use Of Pooling Of Insurance Risk
- 3.112Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Calculation Of Insurance Premiums
- 3.113Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Use Of Insurance Documents: Proposal Form, Cover Note And Policy
- 3.114Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Role Of An Insurance Broker
- 3.115Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Meaning Of Entrepreneurship
- 3.116Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Sources Of Short-term Finance: Trade Credit, Debt Factoring, Hire Purchase, Leasing, Sale And Leaseback, Overdraft, Selling Assets, Owner’s Savings And Retained Profit
- 3.117Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Sources Of Long-term Finance: Ordinary And Preference Shares, Loans, Debentures, Venture Capital And Crowdfunding
- 3.118Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Advantages And Disadvantages Of Each Source Of Finance
- 3.119Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Appropriateness Of Choice Of Source Of Finance In Given Situations
- 3.120Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Meaning And Use Of Financial Terms: Sales, Revenue, Profit, Working Capital, Assets And Liabilities, Interest, Capital, Cash Discounts And Trade Discounts
- 3.121Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Commercial Calculations: The Calculation Of Revenue, Gross Profit, Gross Profit Margin, Profit For The Year (Net Profit), Working Capital And Mark-up Percentage 1 Revenue (Sales Or Turnover) = Selling Price Per Unit × Number Of Units Sold 2 Gross Profit = Revenue – Cost Of Sales (The Cost Of Purchasing Inventory) 3 Gross Profit Margin (%) = Gross Profit ÷ Revenue × 100 4 Net Profit/net Loss For The Year = Gross Profit – Expenses 5 Working Capital Current Assets – Current Liabilities 6 Mark-up Percentage = (Average Selling Price – Unit Cost) ÷ Unit Cost
- 3.122Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Improving Commercial Performance: The Methods To Improve Sales Turnover, Profit, Mark-up And Working Capital, E.g. Reducing Expenses, Increasing Mark-up, Changing Prices, Improving Advertising, Introducing New Products In Given Situations
- 3.123Sustainability And Ethics: Sustainability: Purpose Of Sustainability In The Supply Chain: The Purpose Of Sustainability In The Supply Chain: Making Commercial Processes Eco-friendly And Environmentally Responsible For Future Generations
- 3.124Sustainability And Ethics: Sustainability: Actions To Inprove Sustainability: Actions To Improve Sustainability: Using Sustainable Materials In The Production Process, Implementing Sustainable Logistics, Reducing Packaging, Selling Eco-friendly Products, Recycling And Reducing Waste, Reducing The Need For Returns And Exchanges, Offering Digital Resale Marketplaces, Offering Free Repair Services And Water Stewardship
- 3.125Sustainability And Ethics: Ethics: Ethics And Ethical Issues In Commerce: The Meaning Of Ethics
- 3.126Sustainability And Ethics: Ethics: Ethics And Ethical Issues In Commerce: The Role Of Fair Trade In Commerce
- 3.127Sustainability And Ethics: Ethics: Ethics And Ethical Issues In Commerce: Ethical Issues In Commerce: Misleading Advertising And Harmful Disposal Of Products
- 3.128Sustainability And Ethics: Consumer Protection: The Reasons For Consumer Protection
- 3.129Sustainability And Ethics: Consumer Protection: The Actions Taken By Buyers And Sellers To Resolve Consumer Protection Complaints
- Video Lectures For The ContentVideo Lectures Covering Course Content In Detail14
- QuizzesShort Quizzes To Auto-Test Your Knowledge of The Syllabus15
- 5.1Production10 Minutes0 Questions
- 5.2Retail Trade10 Minutes0 Questions
- 5.3Consumer Credit10 Minutes0 Questions
- 5.4Wholesale Trade10 Minutes0 Questions
- 5.5Documents of Trade10 Minutes0 Questions
- 5.6International Trade10 Minutes0 Questions
- 5.7Advertising10 Minutes0 Questions
- 5.8Communications10 Minutes0 Questions
- 5.9Transport10 Minutes0 Questions
- 5.10Warehousing10 Minutes0 Questions
- 5.11Insurance10 Minutes0 Questions
- 5.12Banking10 Minutes0 Questions
- 5.13The Business Unit10 Minutes0 Questions
- 5.14Finance10 Minutes0 Questions
- 5.15Changing Environment of Commerce10 Minutes0 Questions
- Quizzes For PreparationQuizzes With Detailed Explained Answers And Common Mistakes Discussed In Detail130
- 6.1Commerce And Production: Trade And Commerce: Trade: The Meaning Of The Terms Trade And Commerce, Showing The Differences Between The Two Terms
- 6.2Commerce And Production: Trade And Commerce: Trade: The Meaning Of Home Trade (Retail And Wholesale)
- 6.3Commerce And Production: Trade And Commerce: Trade: The Meaning Of International Trade (Exports And Imports)
- 6.4Commerce And Production: Trade And Commerce: Aids To Trade And Logistics: The Meaning Of Aids To Trade
- 6.5Commerce And Production: Trade And Commerce: Aids To Trade And Logistics: The Types Of Aids To Trade: Communications, Transport, Warehousing, Advertising, Banking And Insurance
- 6.6Commerce And Production: Trade And Commerce: Aids To Trade And LogisticsThe Meaning Of Logistics:
- 6.7Commerce And Production: Trade And Commerce: Aids To Trade And Logistics: The Elements Of Logistics In A Supply Chain: Transport, Freight Forwarders And Warehousing
- 6.8Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Traditional Commerce: Buying And Selling Goods And/or Services At A Physical Location
- 6.9Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Ecommerce (Electronic Commerce): Buying And Selling Goods And/or Services Via The Internet/websites
- 6.10Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Mcommerce (Mobile Commerce): Buying And Selling Goods And/or Services Via A Mobile Device, Such As A Smartphone Or Tablet
- 6.11Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Scommerce (Social Commerce): Buying And Selling Goods And/or Services Via Social Media Channels
- 6.12Commerce And Production: Trade And Commerce: The Relationship Between Production, Trade And Commerce: Understand How Production, Trade And Commerce Are Interdependent
- 6.13Commerce And Production: Production: Sectors Of Production And Specialisation: The Features Of Primary (Extractive) Industries, Secondary (Manufacturing And Construction) Industries, Tertiary Activities (Commercial Services And Direct Services) And Quaternary Activities (Digital Technology)
- 6.14Commerce And Production: Production: Sectors Of Production And Specialisation: The Meaning Of Specialisation
- 6.15Commerce And Production: Production: Sectors Of Production And Specialisation: The Advantages And Disadvantages Of Specialisation For An Individual, Factory And Country
- 6.16Commerce And Production: Production: In-house Production And Outsourced Production: The Meaning Of In-house Production And Outsourced Production
- 6.17Commerce And Production: Production: In-house Production And Outsourced Production: The Benefits Of In-house Production Over Outsourced Production, Including Control On Quality And Information
- 6.18Commerce And Production: Production: In-house Production And Outsourced Production: The Benefits Of Outsourced Production Over In-house Production, Including Accessing Expertise And Cost Savings
- 6.19Commerce And Production: Production: Global Supply Chains: The Meaning Of A Global Supply Chain And A Domestic Supply Chain
- 6.20Commerce And Production: Production: Intermediaries In A Supply Chain: The Role Of Home Trade Intermediaries In A Supply Chain: Wholesaler And Retailer
- 6.21Commerce And Production: Production: Intermediaries In A Supply Chain: The Role Of International Trade Intermediaries In A Supply Chain: Agent And Factor
- 6.22Commerce And Production: Production: Effects Of Digital Technology On Production: The Impact Of Automation, E.g. Using Robotics In Production
- 6.23Commerce And Production: Production: Effects Of Digital Technology On Production: The Impact On Production Of Digital Communication With Suppliers, E.g. Using Electronic Data Interchange (Edi)
- 6.24Commerce And Production: Production: Costs Involved In Trade, Commerce And Production: Identifying The Different Types Of Costs Used In Trade, Commerce And Production: Advertising, Bank Charges, Commission, Customs Duties, Inventory, Labour, Packaging, Transport, Utilities And Warehousing
- 6.25Commerce And Production: Production: Costs Involved In Trade, Commerce And Production: Complete Simple Calculations Of Costs In Given Situations
- 6.26Commercial Operations: Commercial Enterprises: Private And Public Sector Enterprises: The Difference Between Private And Public Sector Enterprises
- 6.27Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Features Of Private Sector Enterprises: Sole Trader, Cooperative, Partnership, Private Limited Company And Public Limited Company
- 6.28Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Features Of Public Corporations
- 6.29Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Reasons For Public Corporations
- 6.30Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Appropriateness Of Different Types Of Ownership In Given Situations
- 6.31Commercial Operations: Commercial Enterprises: Multinational Companies (Mncs) In The Global Economy: The Features Of Multinational Companies
- 6.32Commercial Operations: Commercial Enterprises: Multinational Companies (Mncs) In The Global Economy: The Reasons For The Existence Of Multinational Companies In The Global Economy
- 6.33Commercial Operations: Commercial Enterprises: Multinational Companies (Mncs) In The Global Economy: The Positive And Negative Impacts On A Country Of Multinational Companies Locating In The Country
- 6.34Commercial Operations: Commercial Enterprises: Franchises: The Features Of Franchises
- 6.35Commercial Operations: Commercial Enterprises: Franchises: The Advantages And Disadvantages Of Franchises
- 6.36Commercial Operations: Commercial Enterprises: Physical And Ecommerce Location Factors: The Physical Location Factors: Labour, Markets, Transport, Power, Raw Materials, Competition, Suppliers, Communication And Government Influence
- 6.37Commercial Operations: Commercial Enterprises: Physical And Ecommerce Location Factors: The Ecommerce Location Factors: Wi-fi, Warehousing, Technology Specialists, And Logistics
- 6.38Commercial Operations: Commercial Enterprises: Physical And Ecommerce Location Factors: The Appropriateness Of Physical And Ecommerce Location Factors In Given Situations
- 6.39Commercial Operations: Outsourcing: Growth Of Outsourcing: The Growth Of Outsourcing: Contract Manufacturing And Logistics
- 6.40Commercial Operations: Retailing: Types Of Retailers: The Different Types Of Small-scale And Large-scale Retailers: Itinerant Retailers, Vending Machines, Independent Retailers, Street Markets, Speciality Shops, Online Retailers, Multiple Chain Stores, Supermarkets, Hypermarkets And Department Stores
- 6.41Commercial Operations: Retailing: Types Of Retailers: The Features Of Each Type Of Retailer
- 6.42Commercial Operations: Retailing: Types Of Retailers: The Advantages And Disadvantages Of Each Type Of Retailer
- 6.43Commercial Operations: Retailing: Types Of Retailers: Reasons Why The Small-scale Retailer Often Survives, E.g. Personal Service, Flexible Opening Hours And Additional Services Provided
- 6.44Commercial Operations: Retailing: Retail Selling Techniques: The Different Types Of Retail Selling Techniques: Branding, Own Brands, Logos, Packaging, Self Service, After‑sales Service, Barcoding, Direct Mail, Loyalty Programmes, Informal Credit And Cash On Delivery
- 6.45Commercial Operations: Retailing: Digital Retail Trends: The Different Types Of Digital Retail Trends: Omnichannel Retailing, Cashless Stores, Electronic Point Of Sale (Epos), Click And Collect, Self-service Checkouts, Subscription Commerce, Qr Codes, Virtual Reality (Vr) Showrooms, Dropshipping, Mobile Phone/smartphone Apps And Multi-channel Retailing
- 6.46Commercial Operations: Retailing: Effects Of Ecommerce On Traditional Commerce: The Positive Impacts Of Ecommerce On Traditional Commerce, E.g. 24/7 Selling Opportunities, More Potential Customers, Increased Revenue, Targeted Marketing And Reduced Operating Store Costs
- 6.47Commercial Operations: Retailing: Effects Of Ecommerce On Traditional Commerce: The Negative Impacts Of Ecommerce On Traditional Commerce, E.g. Increased Costs (Delivery, Staff Training And Larger Warehousing Space) And Website Maintenance
- 6.48Commercial Operations: Wholesaling: Functions And Importance Of The Wholesaler: The Functions And Services Provided By The Wholesaler
- 6.49Commercial Operations: Wholesaling: Functions And Importance Of The Wholesaler: The Importance Of The Wholesaler To The Manufacturer And Retailer
- 6.50Commercial Operations: Wholesaling: Functions And Importance Of The Wholesaler: Reasons Why The Independent Wholesaler Survives: Cash And Carry And Voluntary Chains
- 6.51Commercial Operations: Trading Documents: Documents Of Home Trade: Different Types Of Documents Used In Home Trade: Enquiry, Quotation, Order, Invoice, Delivery Note, Credit Note, Statement Of Account And Receipt
- 6.52Commercial Operations: Trading Documents: Documents Of International Trade: Different Types Of Documents Used In International Trade: Certificate Of Origin, Bill Of Lading, Air Waybill And Documentary Credit (Letters Of Credit)
- 6.53Commercial Operations: Trading Documents: Digital Use Of Trading Documents: The Stages Of The Online Ordering Process: From Buyer Browsing Website To Receiving Order
- 6.54Commercial Operations: Trading Documents: Digital Use Of Trading Documents: Identifying Digital Technology In Trading Documents, E.g. Digital Signatures, Secure Access, Cloud-based Storage, Electronic Receipts And Etickets
- 6.55Commercial Operations: Communication: Types Of Communication: The Distinction Between Different Types Of Communication: Written, Oral, Electronic And Visual Communication
- 6.56Commercial Operations: Communication: Methods Of Communication: The Different Methods Of Communication: Letter, Telephone, Face To Face, Videoconferencing, Email, Web-based Chat (Including Chatbots), Social Media And Posters
- 6.57Commercial Operations: Communication: Factors That Affect Communication: The Appropriateness Of Factors Affecting Choice Of Method Of Communication In Given Situations: Urgency, Cost, Security, Distance, Availability Of Networks And Importance Of The Message
- 6.58Globalisation Of Trade: International Trade: Benefits Of International Trade To A Country: The Benefits Of International Trade To A Country: Wider Choice Of Goods, Higher Standard Of Living, Lower Cost Of Imports, More Investment And Creation Of Jobs
- 6.59Globalisation Of Trade: International Trade: Challenges Of International Trade To Exporters And Importers: The Challenges Of International Trade To Exporters And Importers: Distance, Language, Methods Of Payment, Documentation, Transport, Customs Duties, Non-payment, Currencies, Foreign Exchange Rates, Competition And Different Legal Systems
- 6.60Globalisation Of Trade: International Trade: Balance Of Trade And Balance Of Payments: The Difference Between Balance Of Trade And Balance Of Payments
- 6.61Globalisation Of Trade: International Trade: Balance Of Trade And Balance Of Payments: Calculation And Interpretation Of Balance Of Trade And Balance Of Payments From Given Figures
- 6.62Globalisation Of Trade: International Trade: Balance Of Trade And Balance Of Payments: How Commercial Activities Affect The Balance Of Trade And Balance Of Payments
- 6.63Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Meaning Of Free Trade
- 6.64Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Features Of A Trading Bloc
- 6.65Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Advantages And Disadvantages Of Joining A Trading Bloc
- 6.66Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Types Of Trade Restrictions: Tariffs, Quotas And Embargoes
- 6.67Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Potential Effects Of Trade Restrictions On Commercial Activities
- 6.68Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Sources Of Support For Exporters: International Trade Fairs, Cheaper Bank Loans And Insurance Guarantees
- 6.69Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Different Types Of Global Supply Chains: Simple Supply Chain (Supplier To Manufacturer To Consumer) And Complex Supply Chains (Supplier To Agent To Wholesaler To Retailer To Consumer)
- 6.70Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Features Of Global Supply Chain Management: Upstream, The Enterprise And Downstream
- 6.71Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Importance Of Suppliers In The Global Supply Chain
- 6.72Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Benefits Of Global Supply Chain Management: Lower Cost Of Production, Lower Labour Costs, Lower Cost Of Purchasing, Advancement In Logistics And Communication
- 6.73Globalisation Of Trade: Global Supply Chain Management: Global Supply Chain Risks: The Risks To Global Supply Chains: Environmental (E.g. Pollution, Deforestation), Natural Disasters, Financial, Ethical, Technological And Political Risks
- 6.74Globalisation Of Trade: Global Supply Chain Management: Global Supply Chain Risks: The Importance Of Risk Assessment In The Global Supply Chain
- 6.75Logistics In Commerce: Transport: The Three Functions Of Transport In The Supply Chain: Time, Place And Quantity
- 6.76Logistics In Commerce: Transport: The Types And Methods Of Transport: Road: Delivery Vans, Trucks, Couriers
- 6.77Logistics In Commerce: Transport: The Types And Methods Of Transport: Rail: Freight Trains
- 6.78Logistics In Commerce: Transport: The Types And Methods Of Transport: Air: Freight Planes
- 6.79Logistics In Commerce: Transport: The Types And Methods Of Transport: Sea: Ferry, Tanker, Container Ship, Cargo Liner
- 6.80Logistics In Commerce: Transport: The Types And Methods Of Transport: Pipeline
- 6.81Logistics In Commerce: Transport: The Advantages And Disadvantages Of Different Methods Of Transport
- 6.82Logistics In Commerce: Transport: The Appropriateness Of Factors Affecting Choice Of Method Of Transport In Given Situations: Nature Of Goods, Urgency, Cost, Security, Distance And Reliability Of Transporter
- 6.83Logistics In Commerce: Transport: The Features Of Containerisation, Including Transshipment
- 6.84Logistics In Commerce: Transport: The Advantages And Disadvantages Of Containerisation
- 6.85Logistics In Commerce: Warehousing: The Functions Of Warehousing In The Supply Chain: Links With Seasonal Production, Demand, Protecting Supply And Price Stability And Logistics Postponement
- 6.86Logistics In Commerce: Warehousing: The Different Types Of Warehouse: Bonded, Cold Storage, Cash And Carry And Regional Distribution Centres (Rdcs)
- 6.87Logistics In Commerce: Warehousing: The Uses Of Automation In Warehousing: Robotics, Automated Sorting And Voice Picking
- 6.88Logistics In Commerce: Warehousing: The Benefits Of Warehouse Automation: Lower Labour Costs, Less Human Error, Improved Picking Accuracy, Improved Inventory Control And Improved Customer Service
- 6.89Aids To Trade That Support Commerce: Advertising: Types Of Advertising: The Purposes Of Advertising
- 6.90Aids To Trade That Support Commerce: Advertising: Types Of Advertising: The Types Of Advertising: Informative, Persuasive, Collective (Generic) And Competitive
- 6.91Aids To Trade That Support Commerce: Advertising: Types Of Advertising: The Advantages And Disadvantages Of The Different Types Of Advertisin
- 6.92Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Methods Of Traditional Advertising Media: Television, Radio, Cinema, Newspapers (Local And National), Magazines/trade Journals, Leaflets/flyers, Packaging, Direct Mail, Sponsorship, Catalogues/brochures, Posters, Transport Vehicles, Window Displays, Point Of Sale Displays, Signboards And Word Of Mouth
- 6.93Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Methods Of Digital Advertising Media: Social Media Advertising And Other Internet Advertising (Including Websites, Search Engines), Display Advertisements, Video Advertisements, Email Marketing, Digital Billboards And Social Media Influencers
- 6.94Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Advantages And Disadvantages Of Different Methods Of Traditional And Digital Media For Advertising Campaigns
- 6.95Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Appropriateness Of The Factors Affecting Choice Of Method Of Advertising In Given Situations: Audience, Cost, Cultural And Legal Considerations, Flexibility To Change, Local And International Market Coverage, Multi-channel Advertising, Timing And Type Of Product
- 6.96Aids To Trade That Support Commerce: Advertising: Methods Of Appeal Used In Advertising: The Different Types Of Methods Of Appeal Used In Advertising: Emotion, Fear, Humour, Rational, Ambition, Social Acceptance, Romantic, Adventure, Music, Endorsement By Celebrities And Social Media Influencers
- 6.97Aids To Trade That Support Commerce: Advertising: Methods Of Appeal Used In Advertising: The Appropriateness Of Methods Of Appeal Used In Advertising In Given Situations
- 6.98Aids To Trade That Support Commerce: Advertising: Sales Promotion: The Meaning Of Sales Promotion
- 6.99Aids To Trade That Support Commerce: Advertising: Sales Promotion: The Methods Of Sales Promotion: Point Of Sale, Special Offers, Sponsorship, Displays, Competitions, Coupons, Sales Periods, Loss Leaders, Free Gifts And Free Samples
- 6.100Aids To Trade That Support Commerce: Advertising: Sales Promotion: The Factors Affecting Choice Of Sales Promotion Methods In Given Situations: Business Type, Competitors, Cost, Nature Of Product, New/old Product And Timing
- 6.101Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Accounts: Current And Deposit/savings
- 6.102Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Customer Services: Atm, Night Safe, Foreign Currency, Financial Advice And Telephone Banking
- 6.103Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Payments: Cash, Cheque, Credit Card, Debit Card, Store Card, Credit Transfer, Standing Order, Direct Debit, Electronic Transfer And Documentary Credit (Letter Of Credit)
- 6.104Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Sources Of Finance: Loan, Overdraft, Mortgage And Hire Purchase
- 6.105Aids To Trade That Support Commerce: Banking: Banking Services: The Appropriateness Of Choosing Banking Services In Given Situations
- 6.106Aids To Trade That Support Commerce: Banking: Digital Technology In Banking: The Different Types Of Digital Banking: Internet Banking And Mobile Banking
- 6.107Aids To Trade That Support Commerce: Banking: Digital Technology In Banking: The Advantages And Disadvantages Of Digital Banking
- 6.108Aids To Trade That Support Commerce: Banking: Digital Technology In Banking: The Impact Of Digital Banking: Closure Of Bank Branches, More Digital-only Banks And Less Use Of Cash (Cashless Society)
- 6.109Aids To Trade That Support Commerce: Insurance: Purposes Of Insurance: The Purposes Of Insurance: Risk Reduction, Compensation, Financial Protection, Business Confidence And Investment
- 6.110Aids To Trade That Support Commerce: Insurance: Types Of Insurance Risk: The Different Types Of Insurance Risk: Consequential Loss, Employer’s Liability, Fire, Motor, Premises, Public Liability And Theft
- 6.111Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Use Of Pooling Of Insurance Risk
- 6.112Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Calculation Of Insurance Premiums
- 6.113Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Use Of Insurance Documents: Proposal Form, Cover Note And Policy
- 6.114Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Role Of An Insurance Broker
- 6.115Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Meaning Of Entrepreneurship
- 6.116Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Meaning Of Entrepreneurship
- 6.117Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Sources Of Short-term Finance: Trade Credit, Debt Factoring, Hire Purchase, Leasing, Sale And Leaseback, Overdraft, Selling Assets, Owner’s Savings And Retained Profit
- 6.118Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Sources Of Long-term Finance: Ordinary And Preference Shares, Loans, Debentures, Venture Capital And Crowdfunding
- 6.119Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Advantages And Disadvantages Of Each Source Of Finance
- 6.120Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Appropriateness Of Choice Of Source Of Finance In Given Situations
- 6.121Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Meaning And Use Of Financial Terms: Sales, Revenue, Profit, Working Capital, Assets And Liabilities, Interest, Capital, Cash Discounts And Trade Discounts
- 6.122Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Commercial Calculations: The Calculation Of Revenue, Gross Profit, Gross Profit Margin, Profit For The Year (Net Profit), Working Capital And Mark-up Percentage 1 Revenue (Sales Or Turnover) = Selling Price Per Unit × Number Of Units Sold 2 Gross Profit = Revenue – Cost Of Sales (The Cost Of Purchasing Inventory) 3 Gross Profit Margin (%) = Gross Profit ÷ Revenue × 100 4 Net Profit/net Loss For The Year = Gross Profit – Expenses 5 Working Capital Current Assets – Current Liabilities 6 Mark-up Percentage = (Average Selling Price – Unit Cost) ÷ Unit Cost
- 6.123Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Improving Commercial Performance: The Methods To Improve Sales Turnover, Profit, Mark-up And Working Capital, E.g. Reducing Expenses, Increasing Mark-up, Changing Prices, Improving Advertising, Introducing New Products In Given Situations
- 6.124Sustainability And Ethics: Sustainability: Purpose Of Sustainability In The Supply Chain: The Purpose Of Sustainability In The Supply Chain: Making Commercial Processes Eco-friendly And Environmentally Responsible For Future Generations
- 6.125Sustainability And Ethics: Sustainability: Actions To Inprove Sustainability: Actions To Improve Sustainability: Using Sustainable Materials In The Production Process, Implementing Sustainable Logistics, Reducing Packaging, Selling Eco-friendly Products, Recycling And Reducing Waste, Reducing The Need For Returns And Exchanges, Offering Digital Resale Marketplaces, Offering Free Repair Services And Water Stewardship
- 6.126Sustainability And Ethics: Ethics: Ethics And Ethical Issues In Commerce: The Meaning Of Ethics
- 6.127Sustainability And Ethics: Ethics: Ethics And Ethical Issues In Commerce: The Role Of Fair Trade In Commerce
- 6.128Sustainability And Ethics: Ethics: Ethics And Ethical Issues In Commerce: Ethical Issues In Commerce: Misleading Advertising And Harmful Disposal Of Products
- 6.129Sustainability And Ethics: Consumer Protection: The Reasons For Consumer Protection
- 6.130Sustainability And Ethics: Consumer Protection: The Actions Taken By Buyers And Sellers To Resolve Consumer Protection Complaints
- AssignmentsDetailed Assignments For Syllabus Preparation (Including Past Paper Questions)15
- 7.1Production3 Days
- 7.2Retail Trade3 Days
- 7.3Consumer Credit3 Days
- 7.4Wholesale Trade3 Days
- 7.5Documents of Trade3 Days
- 7.6International Trade3 Days
- 7.7Advertising3 Days
- 7.8Communications3 Days
- 7.9Transport3 Days
- 7.10Warehousing3 Days
- 7.11Insurance3 Days
- 7.12Banking3 Days
- 7.13The Business Unit3 Days
- 7.14Finance3 Days
- 7.15Changing Environment of Commerce3 Days
- Paper Pattern/ Paper Preparation/ Techniques To Attempt The Paper/ Common Mistakes To AvoidDetailed Information Including Written + Video Material Regarding Paper Attempt / Preparation/ Techniques/ Common Mistakes To Avoid53
- 8.1Understanding the Exam Structure & Marking (Foundational): Complete Structure Of Paper 1 (MCQ): Question Types, Diagrams, Calculations, Negative Questions
- 8.2Understanding the Exam Structure & Marking (Foundational): Complete Structure Of Paper 2 (Written): 6 Mark Vs 8 Mark Questions Explained
- 8.3Understanding the Exam Structure & Marking (Foundational): Assessment Objectives AO1 To AO4 And How Marks Progress
- 8.4Understanding the Exam Structure & Marking (Foundational): Why Quality Matters More Than Quantity In Written Answers
- 8.5Understanding the Exam Structure & Marking (Foundational): Time Management Strategy For Paper 1 And Paper 2
- 8.6Understanding the Exam Structure & Marking (Foundational): How Marks Are Lost Despite Correct Content
- 8.7Understanding the Exam Structure & Marking (Foundational): Importance Of Command Words: Define, Explain, Discuss, Evaluate
- 8.8Understanding the Exam Structure & Marking (Foundational): Difference Between Explain And Discuss In Examiner Marking
- 8.9Understanding the Exam Structure & Marking (Foundational): How Evaluation Marks Are Actually Awarded
- 8.10Understanding the Exam Structure & Marking (Foundational): How Context Influences Application And Evaluation Marks
- 8.11Paper 1 (MCQ) – Techniques To Score High: Identifying Calculation Based Vs Logic Based MCQs
- 8.12Paper 1 (MCQ) – Techniques To Score High: Handling Diagram Based MCQs Efficiently
- 8.13Paper 1 (MCQ) – Techniques To Score High: Interpreting Data Tables And Graph Based MCQs
- 8.14Paper 1 (MCQ) – Techniques To Score High: Safe Techniques For Attempting Negative (NOT) Questions
- 8.15Paper 1 (MCQ) – Techniques To Score High: Why Candidates Fall For The Most Attractive Wrong Option
- 8.16Paper 1 (MCQ) – Techniques To Score High: Eliminating Distractors Using Examiner Logic
- 8.17Paper 1 (MCQ) – Techniques To Score High: Common MCQ Traps In Trade, Transport And Warehousing
- 8.18Paper 1 (MCQ) – Techniques To Score High: Frequent Errors In Discounts, Documents And Payment MCQs
- 8.19Paper 1 (MCQ) – Techniques To Score High: Frequent Errors In Discounts, Documents And Payment MCQs
- 8.20Paper 1 (MCQ) – Techniques To Score High: Confusion Between Similar Commerce Terms In MCQs
- 8.21Paper 1 (MCQ) – Techniques To Score High: Smart Guessing Strategy When Unsure
- 8.22Paper 2 – Mastering 6 Mark Questions: Ideal Structure Of A Full Mark 6 Mark Answer
- 8.23Paper 2 – Mastering 6 Mark Questions: Balancing Number Of Points And Depth Of Explanation
- 8.24Paper 2 – Mastering 6 Mark Questions: Correct Use Of Examples In 6 Mark Answers
- 8.25Paper 2 – Mastering 6 Mark Questions: Reasons Why 6 Mark Answers Get Stuck At 3–4 Marks
- 8.26Paper 2 – Mastering 6 Mark Questions: Linking Answers Clearly To The Given Case Study
- 8.27Paper 2 – Mastering 6 Mark Questions: Avoiding Generic Textbook Dumping
- 8.28Paper 2 – Mastering 6 Mark Questions: Writing Advantage And Disadvantage Questions Properly
- 8.29Paper 2 – MasterinPaper 2 – Mastering 6 Mark Questions: g 6 Mark Questions: Balanced Answers Without Evaluation In 6 Mark Questions
- 8.30Paper 2 – Mastering 6 Mark Questions: Handling Calculation Based Written Questions
- 8.31Paper 2 – Mastering 6 Mark Questions: Presentation, Clarity And Examiner Expectations
- 8.32Paper 2 – 8 Mark Evaluation Question Techniques: Building Analysis Before Making A Judgement
- 8.33Paper 2 – 8 Mark Evaluation Question Techniques: Correct Structure Of An 8 Mark Evaluation Answer
- 8.34Paper 2 – 8 Mark Evaluation Question Techniques: Comparing Two Options Effectively
- 8.35Paper 2 – 8 Mark Evaluation Question Techniques: Writing A Justified Recommendation
- 8.36Paper 2 – 8 Mark Evaluation Question Techniques: Why Conclusions Alone Do Not Score Evaluation Marks
- 8.37Paper 2 – 8 Mark Evaluation Question Techniques: Common Evaluation Errors In Finance Choice Questions
- 8.38Paper 2 – 8 Mark Evaluation Question Techniques: Evaluation Mistakes In Transport And Communication Questions
- 8.39Paper 2 – 8 Mark Evaluation Question Techniques: How Context Determines The Best Option
- 8.40Paper 2 – 8 Mark Evaluation Question Techniques: How Context Determines The Best Option
- 8.41Paper 2 – 8 Mark Evaluation Question Techniques: Answering “Do You Agree” And “Should” Questions Correctly
- 8.42Paper 2 – 8 Mark Evaluation Question Techniques: Answering “Do You Agree” And “Should” Questions Correctly
- 8.43Paper 2 – 8 Mark Evaluation Question Techniques: How Examiners Penalise One Sided Answers
- 8.44Examiner Report Based Common Mistakes: Common Errors In Documents Of Trade Questions
- 8.45Examiner Report Based Common Mistakes: Misunderstandings In Warehousing And Containerisation
- 8.46Examiner Report Based Common Mistakes: Confusion Between Different Types Of Insurance
- 8.47Examiner Report Based Common Mistakes: Errors In Banking And Payment Method Questions
- 8.48Examiner Report Based Common Mistakes: Advertising And Communication Question Pitfalls
- 8.49Examiner Report Based Common Mistakes: International Trade And Balance Of Payments Mistakes
- 8.50Examiner Report Based Common Mistakes: Business Organisation Questions: Why Easy Marks Are Lost
- 8.51Examiner Report Based Common Mistakes: Ecommerce Questions And Context Misreading
- 8.52Examiner Report Based Common Mistakes: Calculation Errors In Profit, Discount And Accounts
- 8.53Examiner Report Based Common Mistakes: How To Avoid Repeating Examiner Highlighted Mistakes
- Solved Past PapersDetailed Written Explanations And Solutions of Past Papers, Including Model Answers and Explanations For Past Paper Questions0
- Past Paper SessionsVideo Content Regarding Past Paper Solutions8
- 10.1Model Answers and Explanations: October November 2024 Paper 11
- 10.2Model Answers and Explanations: October November 2024 Paper 12
- 10.3Model Answers and Explanations: May June 2024 Paper 12
- 10.4Model Answers and Explanations: May June 2024 Paper 13
- 10.5Model Answers and Explanations: October November 2023 Paper 11
- 10.6Model Answers and Explanations: October November 2024 Paper 12
- 10.7Model Answers and Explanations: May June 2023 Paper 12
- 10.8Model Answers and Explanations: May June 2023 Paper 13
- Notes (Rearranged Version)Notes Arranged In A Different Style For Preparation Ease15
- 11.1Production13 Minutes
- 11.2Retail Trade12 Minutes
- 11.3Consumer Credit11 Minutes
- 11.4Wholesale Trade13 Minutes
- 11.5Documents of Trade8 Minutes
- 11.6International Trade
- 11.7Advertising
- 11.8Communications
- 11.9Transport
- 11.10Warehousing
- 11.11Insurance
- 11.12Banking
- 11.13The Business Unit
- 11.14Finance
- 11.15Changing Environment of Commerce
- Videos Lectures (Pre-Recorded)Videos Recorded In A Different Style For Preparation Ease0
- Terms & Definitions0
- Cheat SheetsShort, Quick Revision Cheat Sheets130
- 14.1Commerce And Production: Trade And Commerce: Trade: The Meaning Of The Terms Trade And Commerce, Showing The Differences Between The Two Terms
- 14.2Commerce And Production: Trade And Commerce: Trade: The Meaning Of Home Trade (Retail And Wholesale)
- 14.3Commerce And Production: Trade And Commerce: Trade: The Meaning Of International Trade (Exports And Imports)
- 14.4Commerce And Production: Trade And Commerce: Aids To Trade And Logistics: The Meaning Of Aids To Trade
- 14.5Commerce And Production: Trade And Commerce: Aids To Trade And Logistics: The Types Of Aids To Trade: Communications, Transport, Warehousing, Advertising, Banking And Insurance
- 14.6Commerce And Production: Trade And Commerce: Aids To Trade And LogisticsThe Meaning Of Logistics:
- 14.7Commerce And Production: Trade And Commerce: Aids To Trade And Logistics: The Elements Of Logistics In A Supply Chain: Transport, Freight Forwarders And Warehousing
- 14.8Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Traditional Commerce: Buying And Selling Goods And/or Services At A Physical Location
- 14.9Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Ecommerce (Electronic Commerce): Buying And Selling Goods And/or Services Via The Internet/websites
- 14.10Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Mcommerce (Mobile Commerce): Buying And Selling Goods And/or Services Via A Mobile Device, Such As A Smartphone Or Tablet
- 14.11Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Scommerce (Social Commerce): Buying And Selling Goods And/or Services Via Social Media Channels
- 14.12Commerce And Production: Trade And Commerce: The Relationship Between Production, Trade And Commerce: Understand How Production, Trade And Commerce Are Interdependent
- 14.13Commerce And Production: Production: Sectors Of Production And Specialisation: The Features Of Primary (Extractive) Industries, Secondary (Manufacturing And Construction) Industries, Tertiary Activities (Commercial Services And Direct Services) And Quaternary Activities (Digital Technology)
- 14.14Commerce And Production: Production: Sectors Of Production And Specialisation: The Meaning Of Specialisation
- 14.15Commerce And Production: Production: Sectors Of Production And Specialisation: The Advantages And Disadvantages Of Specialisation For An Individual, Factory And Country
- 14.16Commerce And Production: Production: In-house Production And Outsourced Production: The Meaning Of In-house Production And Outsourced Production
- 14.17Commerce And Production: Production: In-house Production And Outsourced Production: The Benefits Of In-house Production Over Outsourced Production, Including Control On Quality And Information
- 14.18Commerce And Production: Production: In-house Production And Outsourced Production: The Benefits Of Outsourced Production Over In-house Production, Including Accessing Expertise And Cost Savings
- 14.19Commerce And Production: Production: Global Supply Chains: The Meaning Of A Global Supply Chain And A Domestic Supply Chain
- 14.20Commerce And Production: Production: Intermediaries In A Supply Chain: The Role Of Home Trade Intermediaries In A Supply Chain: Wholesaler And Retailer
- 14.21Commerce And Production: Production: Intermediaries In A Supply Chain: The Role Of International Trade Intermediaries In A Supply Chain: Agent And Factor
- 14.22Commerce And Production: Production: Effects Of Digital Technology On Production: The Impact Of Automation, E.g. Using Robotics In Production
- 14.23Commerce And Production: Production: Effects Of Digital Technology On Production: The Impact On Production Of Digital Communication With Suppliers, E.g. Using Electronic Data Interchange (Edi)
- 14.24Commerce And Production: Production: Costs Involved In Trade, Commerce And Production: Identifying The Different Types Of Costs Used In Trade, Commerce And Production: Advertising, Bank Charges, Commission, Customs Duties, Inventory, Labour, Packaging, Transport, Utilities And Warehousing
- 14.25Commerce And Production: Production: Costs Involved In Trade, Commerce And Production: Complete Simple Calculations Of Costs In Given Situations
- 14.26Commercial Operations: Commercial Enterprises: Private And Public Sector Enterprises: The Difference Between Private And Public Sector Enterprises
- 14.27Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Features Of Private Sector Enterprises: Sole Trader, Cooperative, Partnership, Private Limited Company And Public Limited Company
- 14.28Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Features Of Public Corporations
- 14.29Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Reasons For Public Corporations
- 14.30Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Reasons For Public Corporations
- 14.31Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Appropriateness Of Different Types Of Ownership In Given Situations
- 14.32Commercial Operations: Commercial Enterprises: Multinational Companies (Mncs) In The Global Economy: The Features Of Multinational Companies
- 14.33Commercial Operations: Commercial Enterprises: Multinational Companies (Mncs) In The Global Economy: The Reasons For The Existence Of Multinational Companies In The Global Economy
- 14.34Commercial Operations: Commercial Enterprises: Multinational Companies (Mncs) In The Global Economy: The Positive And Negative Impacts On A Country Of Multinational Companies Locating In The Country
- 14.35Commercial Operations: Commercial Enterprises: Franchises: The Features Of Franchises
- 14.36Commercial Operations: Commercial Enterprises: Franchises: The Advantages And Disadvantages Of Franchises
- 14.37Commercial Operations: Commercial Enterprises: Physical And Ecommerce Location Factors: The Physical Location Factors: Labour, Markets, Transport, Power, Raw Materials, Competition, Suppliers, Communication And Government Influence
- 14.38Commercial Operations: Commercial Enterprises: Physical And Ecommerce Location Factors: The Ecommerce Location Factors: Wi-fi, Warehousing, Technology Specialists, And Logistics
- 14.39Commercial Operations: Commercial Enterprises: Physical And Ecommerce Location Factors: The Appropriateness Of Physical And Ecommerce Location Factors In Given Situations
- 14.40Commercial Operations: Outsourcing: Growth Of Outsourcing: The Growth Of Outsourcing: Contract Manufacturing And Logistics
- 14.41Commercial Operations: Retailing: Types Of Retailers: The Different Types Of Small-scale And Large-scale Retailers: Itinerant Retailers, Vending Machines, Independent Retailers, Street Markets, Speciality Shops, Online Retailers, Multiple Chain Stores, Supermarkets, Hypermarkets And Department Stores
- 14.42Commercial Operations: Retailing: Types Of Retailers: The Features Of Each Type Of Retailer
- 14.43Commercial Operations: Retailing: Types Of Retailers: The Advantages And Disadvantages Of Each Type Of Retailer
- 14.44Commercial Operations: Retailing: Types Of Retailers: Reasons Why The Small-scale Retailer Often Survives, E.g. Personal Service, Flexible Opening Hours And Additional Services Provided
- 14.45Commercial Operations: Retailing: Retail Selling Techniques: The Different Types Of Retail Selling Techniques: Branding, Own Brands, Logos, Packaging, Self Service, After‑sales Service, Barcoding, Direct Mail, Loyalty Programmes, Informal Credit And Cash On Delivery
- 14.46Commercial Operations: Retailing: Digital Retail Trends: The Different Types Of Digital Retail Trends: Omnichannel Retailing, Cashless Stores, Electronic Point Of Sale (Epos), Click And Collect, Self-service Checkouts, Subscription Commerce, Qr Codes, Virtual Reality (Vr) Showrooms, Dropshipping, Mobile Phone/smartphone Apps And Multi-channel Retailing
- 14.47Commercial Operations: Retailing: Effects Of Ecommerce On Traditional Commerce: The Positive Impacts Of Ecommerce On Traditional Commerce, E.g. 24/7 Selling Opportunities, More Potential Customers, Increased Revenue, Targeted Marketing And Reduced Operating Store Costs
- 14.48Commercial Operations: Retailing: Effects Of Ecommerce On Traditional Commerce: The Negative Impacts Of Ecommerce On Traditional Commerce, E.g. Increased Costs (Delivery, Staff Training And Larger Warehousing Space) And Website Maintenance
- 14.49Commercial Operations: Wholesaling: Functions And Importance Of The Wholesaler: The Functions And Services Provided By The Wholesaler
- 14.50Commercial Operations: Wholesaling: Functions And Importance Of The Wholesaler: The Importance Of The Wholesaler To The Manufacturer And Retailer
- 14.51Commercial Operations: Wholesaling: Functions And Importance Of The Wholesaler: Reasons Why The Independent Wholesaler Survives: Cash And Carry And Voluntary Chains
- 14.52Commercial Operations: Trading Documents: Documents Of Home Trade: Different Types Of Documents Used In Home Trade: Enquiry, Quotation, Order, Invoice, Delivery Note, Credit Note, Statement Of Account And Receipt
- 14.53Commercial Operations: Trading Documents: Documents Of International Trade: Different Types Of Documents Used In International Trade: Certificate Of Origin, Bill Of Lading, Air Waybill And Documentary Credit (Letters Of Credit)
- 14.54Commercial Operations: Trading Documents: Digital Use Of Trading Documents: The Stages Of The Online Ordering Process: From Buyer Browsing Website To Receiving Order
- 14.55Commercial Operations: Trading Documents: Digital Use Of Trading Documents: Identifying Digital Technology In Trading Documents, E.g. Digital Signatures, Secure Access, Cloud-based Storage, Electronic Receipts And Etickets
- 14.56Commercial Operations: Communication: Types Of Communication: The Distinction Between Different Types Of Communication: Written, Oral, Electronic And Visual Communication
- 14.57Commercial Operations: Communication: Methods Of Communication: The Different Methods Of Communication: Letter, Telephone, Face To Face, Videoconferencing, Email, Web-based Chat (Including Chatbots), Social Media And Posters
- 14.58Commercial Operations: Communication: Factors That Affect Communication: The Appropriateness Of Factors Affecting Choice Of Method Of Communication In Given Situations: Urgency, Cost, Security, Distance, Availability Of Networks And Importance Of The Message
- 14.59Globalisation Of Trade: International Trade: Benefits Of International Trade To A Country: The Benefits Of International Trade To A Country: Wider Choice Of Goods, Higher Standard Of Living, Lower Cost Of Imports, More Investment And Creation Of Jobs
- 14.60Globalisation Of Trade: International Trade: Challenges Of International Trade To Exporters And Importers: The Challenges Of International Trade To Exporters And Importers: Distance, Language, Methods Of Payment, Documentation, Transport, Customs Duties, Non-payment, Currencies, Foreign Exchange Rates, Competition And Different Legal Systems
- 14.61Globalisation Of Trade: International Trade: Balance Of Trade And Balance Of Payments: The Difference Between Balance Of Trade And Balance Of Payments
- 14.62Globalisation Of Trade: International Trade: Balance Of Trade And Balance Of Payments: Calculation And Interpretation Of Balance Of Trade And Balance Of Payments From Given Figures
- 14.63Globalisation Of Trade: International Trade: Balance Of Trade And Balance Of Payments: How Commercial Activities Affect The Balance Of Trade And Balance Of Payments
- 14.64Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Meaning Of Free Trade
- 14.65Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Features Of A Trading Bloc
- 14.66Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Advantages And Disadvantages Of Joining A Trading Bloc
- 14.67Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Types Of Trade Restrictions: Tariffs, Quotas And Embargoes
- 14.68Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Potential Effects Of Trade Restrictions On Commercial Activities
- 14.69Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Sources Of Support For Exporters: International Trade Fairs, Cheaper Bank Loans And Insurance Guarantees
- 14.70Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Different Types Of Global Supply Chains: Simple Supply Chain (Supplier To Manufacturer To Consumer) And Complex Supply Chains (Supplier To Agent To Wholesaler To Retailer To Consumer)
- 14.71Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Features Of Global Supply Chain Management: Upstream, The Enterprise And Downstream
- 14.72Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Importance Of Suppliers In The Global Supply Chain
- 14.73Globalisation Of Trade: Global Supply Chain Management: Global Supply Chain Risks: The Risks To Global Supply Chains: Environmental (E.g. Pollution, Deforestation), Natural Disasters, Financial, Ethical, Technological And Political Risks
- 14.74Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Benefits Of Global Supply Chain Management: Lower Cost Of Production, Lower Labour Costs, Lower Cost Of Purchasing, Advancement In Logistics And Communication
- 14.75Globalisation Of Trade: Global Supply Chain Management: Global Supply Chain Risks: The Importance Of Risk Assessment In The Global Supply Chain
- 14.76Logistics In Commerce: Transport: The Three Functions Of Transport In The Supply Chain: Time, Place And Quantity
- 14.77Logistics In Commerce: Transport: The Types And Methods Of Transport: Road: Delivery Vans, Trucks, Couriers
- 14.78Logistics In Commerce: Transport: The Types And Methods Of Transport: Rail: Freight Trains
- 14.79Logistics In Commerce: Transport: The Types And Methods Of Transport: Air: Freight Planes
- 14.80Logistics In Commerce: Transport: The Types And Methods Of Transport: Sea: Ferry, Tanker, Container Ship, Cargo Liner
- 14.81Logistics In Commerce: Transport: The Types And Methods Of Transport: Pipeline
- 14.82Logistics In Commerce: Transport: The Advantages And Disadvantages Of Different Methods Of Transport
- 14.83Logistics In Commerce: Transport: The Appropriateness Of Factors Affecting Choice Of Method Of Transport In Given Situations: Nature Of Goods, Urgency, Cost, Security, Distance And Reliability Of Transporter
- 14.84Logistics In Commerce: Transport: The Features Of Containerisation, Including Transshipment
- 14.85Logistics In Commerce: Transport: The Advantages And Disadvantages Of Containerisation
- 14.86Logistics In Commerce: Warehousing: The Functions Of Warehousing In The Supply Chain: Links With Seasonal Production, Demand, Protecting Supply And Price Stability And Logistics Postponement
- 14.87Logistics In Commerce: Warehousing: The Different Types Of Warehouse: Bonded, Cold Storage, Cash And Carry And Regional Distribution Centres (Rdcs)
- 14.88Logistics In Commerce: Warehousing: The Uses Of Automation In Warehousing: Robotics, Automated Sorting And Voice Picking
- 14.89Logistics In Commerce: Warehousing: The Benefits Of Warehouse Automation: Lower Labour Costs, Less Human Error, Improved Picking Accuracy, Improved Inventory Control And Improved Customer Service
- 14.90Aids To Trade That Support Commerce: Advertising: Types Of Advertising: The Purposes Of Advertising
- 14.91Aids To Trade That Support Commerce: Advertising: Types Of Advertising: The Types Of Advertising: Informative, Persuasive, Collective (Generic) And Competitive
- 14.92Aids To Trade That Support Commerce: Advertising: Types Of Advertising: The Advantages And Disadvantages Of The Different Types Of Advertisin
- 14.93Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Methods Of Traditional Advertising Media: Television, Radio, Cinema, Newspapers (Local And National), Magazines/trade Journals, Leaflets/flyers, Packaging, Direct Mail, Sponsorship, Catalogues/brochures, Posters, Transport Vehicles, Window Displays, Point Of Sale Displays, Signboards And Word Of Mouth
- 14.94Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Methods Of Digital Advertising Media: Social Media Advertising And Other Internet Advertising (Including Websites, Search Engines), Display Advertisements, Video Advertisements, Email Marketing, Digital Billboards And Social Media Influencers
- 14.95Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Advantages And Disadvantages Of Different Methods Of Traditional And Digital Media For Advertising Campaigns
- 14.96Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Appropriateness Of The Factors Affecting Choice Of Method Of Advertising In Given Situations: Audience, Cost, Cultural And Legal Considerations, Flexibility To Change, Local And International Market Coverage, Multi-channel Advertising, Timing And Type Of Product
- 14.97Aids To Trade That Support Commerce: Advertising: Methods Of Appeal Used In Advertising: The Different Types Of Methods Of Appeal Used In Advertising: Emotion, Fear, Humour, Rational, Ambition, Social Acceptance, Romantic, Adventure, Music, Endorsement By Celebrities And Social Media Influencers
- 14.98Aids To Trade That Support Commerce: Advertising: Methods Of Appeal Used In Advertising: The Appropriateness Of Methods Of Appeal Used In Advertising In Given Situations
- 14.99Aids To Trade That Support Commerce: Advertising: Sales Promotion: The Meaning Of Sales Promotion
- 14.100Aids To Trade That Support Commerce: Advertising: Sales Promotion: The Methods Of Sales Promotion: Point Of Sale, Special Offers, Sponsorship, Displays, Competitions, Coupons, Sales Periods, Loss Leaders, Free Gifts And Free Samples
- 14.101Aids To Trade That Support Commerce: Advertising: Sales Promotion: The Factors Affecting Choice Of Sales Promotion Methods In Given Situations: Business Type, Competitors, Cost, Nature Of Product, New/old Product And Timing
- 14.102Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Accounts: Current And Deposit/savings
- 14.103Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Customer Services: Atm, Night Safe, Foreign Currency, Financial Advice And Telephone Banking
- 14.104Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Payments: Cash, Cheque, Credit Card, Debit Card, Store Card, Credit Transfer, Standing Order, Direct Debit, Electronic Transfer And Documentary Credit (Letter Of Credit)
- 14.105Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Sources Of Finance: Loan, Overdraft, Mortgage And Hire Purchase
- 14.106Aids To Trade That Support Commerce: Banking: Banking Services: The Appropriateness Of Choosing Banking Services In Given Situations
- 14.107Aids To Trade That Support Commerce: Banking: Digital Technology In Banking: The Different Types Of Digital Banking: Internet Banking And Mobile Banking
- 14.108Aids To Trade That Support Commerce: Banking: Digital Technology In Banking: The Advantages And Disadvantages Of Digital Banking
- 14.109Aids To Trade That Support Commerce: Banking: Digital Technology In Banking: The Impact Of Digital Banking: Closure Of Bank Branches, More Digital-only Banks And Less Use Of Cash (Cashless Society)
- 14.110Aids To Trade That Support Commerce: Insurance: Purposes Of Insurance: The Purposes Of Insurance: Risk Reduction, Compensation, Financial Protection, Business Confidence And Investment
- 14.111Aids To Trade That Support Commerce: Insurance: Types Of Insurance Risk: The Different Types Of Insurance Risk: Consequential Loss, Employer’s Liability, Fire, Motor, Premises, Public Liability And Theft
- 14.112Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Use Of Pooling Of Insurance Risk
- 14.113Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Calculation Of Insurance Premiums
- 14.114Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Use Of Insurance Documents: Proposal Form, Cover Note And Policy
- 14.115Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Role Of An Insurance Broker
- 14.116Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Meaning Of Entrepreneurship
- 14.117Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Sources Of Short-term Finance: Trade Credit, Debt Factoring, Hire Purchase, Leasing, Sale And Leaseback, Overdraft, Selling Assets, Owner’s Savings And Retained Profit
- 14.118Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Sources Of Long-term Finance: Ordinary And Preference Shares, Loans, Debentures, Venture Capital And Crowdfunding
- 14.119Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Advantages And Disadvantages Of Each Source Of Finance
- 14.120Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Appropriateness Of Choice Of Source Of Finance In Given Situations
- 14.121Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Meaning And Use Of Financial Terms: Sales, Revenue, Profit, Working Capital, Assets And Liabilities, Interest, Capital, Cash Discounts And Trade Discounts
- 14.122Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Commercial Calculations: The Calculation Of Revenue, Gross Profit, Gross Profit Margin, Profit For The Year (Net Profit), Working Capital And Mark-up Percentage 1 Revenue (Sales Or Turnover) = Selling Price Per Unit × Number Of Units Sold 2 Gross Profit = Revenue – Cost Of Sales (The Cost Of Purchasing Inventory) 3 Gross Profit Margin (%) = Gross Profit ÷ Revenue × 100 4 Net Profit/net Loss For The Year = Gross Profit – Expenses 5 Working Capital Current Assets – Current Liabilities 6 Mark-up Percentage = (Average Selling Price – Unit Cost) ÷ Unit Cost
- 14.123Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Improving Commercial Performance: The Methods To Improve Sales Turnover, Profit, Mark-up And Working Capital, E.g. Reducing Expenses, Increasing Mark-up, Changing Prices, Improving Advertising, Introducing New Products In Given Situations
- 14.124Sustainability And Ethics: Sustainability: Purpose Of Sustainability In The Supply Chain: The Purpose Of Sustainability In The Supply Chain: Making Commercial Processes Eco-friendly And Environmentally Responsible For Future Generations
- 14.125Sustainability And Ethics: Sustainability: Actions To Inprove Sustainability: Actions To Improve Sustainability: Using Sustainable Materials In The Production Process, Implementing Sustainable Logistics, Reducing Packaging, Selling Eco-friendly Products, Recycling And Reducing Waste, Reducing The Need For Returns And Exchanges, Offering Digital Resale Marketplaces, Offering Free Repair Services And Water Stewardship
- 14.126Sustainability And Ethics: Ethics: Ethics And Ethical Issues In Commerce: The Meaning Of Ethics
- 14.127Sustainability And Ethics: Ethics: Ethics And Ethical Issues In Commerce: The Role Of Fair Trade In Commerce
- 14.128Sustainability And Ethics: Ethics: Ethics And Ethical Issues In Commerce: Ethical Issues In Commerce: Misleading Advertising And Harmful Disposal Of Products
- 14.129Sustainability And Ethics: Consumer Protection: The Reasons For Consumer Protection
- 14.130Sustainability And Ethics: Consumer Protection: The Actions Taken By Buyers And Sellers To Resolve Consumer Protection Complaints
- Practice Questions/ Practice ExamsPractice Questions/ Exams Based Both On Actual Exam Pattern And On Topical Content To Boost Preparation And Improve Performance129
- 15.1Practice Questions: Commerce And Production: Trade And Commerce: Trade: The Meaning Of The Terms Trade And Commerce, Showing The Differences Between The Two Terms
- 15.2Practice Questions: Commerce And Production: Trade And Commerce: Trade: The Meaning Of Home Trade (Retail And Wholesale)
- 15.3Practice Questions: Commerce And Production: Trade And Commerce: Trade: The Meaning Of International Trade (Exports And Imports)
- 15.4Practice Questions: Commerce And Production: Trade And Commerce: Aids To Trade And Logistics: The Meaning Of Aids To Trade
- 15.5Practice Questions: Commerce And Production: Trade And Commerce: Aids To Trade And Logistics: The Types Of Aids To Trade: Communications, Transport, Warehousing, Advertising, Banking And Insurance
- 15.6Practice Questions: Commerce And Production: Trade And Commerce: Aids To Trade And LogisticsThe Meaning Of Logistics:
- 15.7Practice Questions: Commerce And Production: Trade And Commerce: Aids To Trade And Logistics: The Elements Of Logistics In A Supply Chain: Transport, Freight Forwarders And Warehousing
- 15.8Practice Questions: Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Traditional Commerce: Buying And Selling Goods And/or Services At A Physical Location
- 15.9Practice Questions: Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Ecommerce (Electronic Commerce): Buying And Selling Goods And/or Services Via The Internet/websites
- 15.10Practice Questions: Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Mcommerce (Mobile Commerce): Buying And Selling Goods And/or Services Via A Mobile Device, Such As A Smartphone Or Tablet
- 15.11Practice Questions: Commerce And Production: Trade And Commerce: Types Of Commerce: The Meaning Of Scommerce (Social Commerce): Buying And Selling Goods And/or Services Via Social Media Channels
- 15.12Practice Questions: Commerce And Production: Trade And Commerce: The Relationship Between Production, Trade And Commerce: Understand How Production, Trade And Commerce Are Interdependent
- 15.13Practice Questions: Commerce And Production: Production: Sectors Of Production And Specialisation: The Features Of Primary (Extractive) Industries, Secondary (Manufacturing And Construction) Industries, Tertiary Activities (Commercial Services And Direct Services) And Quaternary Activities (Digital Technology)
- 15.14Practice Questions: Commerce And Production: Production: Sectors Of Production And Specialisation: The Meaning Of Specialisation
- 15.15Practice Questions: Commerce And Production: Production: Sectors Of Production And Specialisation: The Advantages And Disadvantages Of Specialisation For An Individual, Factory And Country
- 15.16Practice Questions: Commerce And Production: Production: In-house Production And Outsourced Production: The Meaning Of In-house Production And Outsourced Production
- 15.17Practice Questions: Commerce And Production: Production: In-house Production And Outsourced Production: The Benefits Of In-house Production Over Outsourced Production, Including Control On Quality And Information
- 15.18Practice Questions: Commerce And Production: Production: In-house Production And Outsourced Production: The Benefits Of Outsourced Production Over In-house Production, Including Accessing Expertise And Cost Savings
- 15.19Practice Questions: Commerce And Production: Production: Global Supply Chains: The Meaning Of A Global Supply Chain And A Domestic Supply Chain
- 15.20Practice Questions: Commerce And Production: Production: Intermediaries In A Supply Chain: The Role Of Home Trade Intermediaries In A Supply Chain: Wholesaler And Retailer
- 15.21Practice Questions: Commerce And Production: Production: Intermediaries In A Supply Chain: The Role Of International Trade Intermediaries In A Supply Chain: Agent And Factor
- 15.22Practice Questions: Commerce And Production: Production: Effects Of Digital Technology On Production: The Impact Of Automation, E.g. Using Robotics In Production
- 15.23Practice Questions: Commerce And Production: Production: Effects Of Digital Technology On Production: The Impact On Production Of Digital Communication With Suppliers, E.g. Using Electronic Data Interchange (Edi)
- 15.24Practice Questions: Commerce And Production: Production: Costs Involved In Trade, Commerce And Production: Identifying The Different Types Of Costs Used In Trade, Commerce And Production: Advertising, Bank Charges, Commission, Customs Duties, Inventory, Labour, Packaging, Transport, Utilities And Warehousing
- 15.25Practice Questions: Commerce And Production: Production: Costs Involved In Trade, Commerce And Production: Complete Simple Calculations Of Costs In Given Situations
- 15.26Practice Questions: Commercial Operations: Commercial Enterprises: Private And Public Sector Enterprises: The Difference Between Private And Public Sector Enterprises
- 15.27Practice Questions: Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Features Of Private Sector Enterprises: Sole Trader, Cooperative, Partnership, Private Limited Company And Public Limited Company
- 15.28Practice Questions: Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Features Of Public Corporations
- 15.29Practice Questions: Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Reasons For Public Corporations
- 15.30Practice Questions: Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises: The Appropriateness Of Different Types Of Ownership In Given Situations
- 15.31Practice Questions: Commercial Operations: Commercial Enterprises: Multinational Companies (Mncs) In The Global Economy: The Features Of Multinational Companies
- 15.32Practice Questions: Commercial Operations: Commercial Enterprises: Multinational Companies (Mncs) In The Global Economy: The Reasons For The Existence Of Multinational Companies In The Global Economy
- 15.33Practice Questions: Commercial Operations: Commercial Enterprises: Multinational Companies (Mncs) In The Global Economy: The Positive And Negative Impacts On A Country Of Multinational Companies Locating In The Country
- 15.34Practice Questions: Commercial Operations: Commercial Enterprises: Franchises: The Features Of Franchises
- 15.35Practice Questions: Commercial Operations: Commercial Enterprises: Franchises: The Advantages And Disadvantages Of Franchises
- 15.36Practice Questions: Commercial Operations: Commercial Enterprises: Physical And Ecommerce Location Factors: The Physical Location Factors: Labour, Markets, Transport, Power, Raw Materials, Competition, Suppliers, Communication And Government Influence
- 15.37Practice Questions: Commercial Operations: Commercial Enterprises: Physical And Ecommerce Location Factors: The Ecommerce Location Factors: Wi-fi, Warehousing, Technology Specialists, And Logistics
- 15.38Practice Questions: Commercial Operations: Commercial Enterprises: Physical And Ecommerce Location Factors: The Appropriateness Of Physical And Ecommerce Location Factors In Given Situations
- 15.39Practice Questions: Commercial Operations: Outsourcing: Growth Of Outsourcing: The Growth Of Outsourcing: Contract Manufacturing And Logistics
- 15.40Practice Questions: Commercial Operations: Retailing: Types Of Retailers: The Different Types Of Small-scale And Large-scale Retailers: Itinerant Retailers, Vending Machines, Independent Retailers, Street Markets, Speciality Shops, Online Retailers, Multiple Chain Stores, Supermarkets, Hypermarkets And Department Stores
- 15.41Practice Questions: Commercial Operations: Retailing: Types Of Retailers: The Features Of Each Type Of Retailer
- 15.42Practice Questions: Commercial Operations: Retailing: Types Of Retailers: The Advantages And Disadvantages Of Each Type Of Retailer
- 15.43Practice Questions: Commercial Operations: Retailing: Types Of Retailers: Reasons Why The Small-scale Retailer Often Survives, E.g. Personal Service, Flexible Opening Hours And Additional Services Provided
- 15.44Practice Questions: Commercial Operations: Retailing: Retail Selling Techniques: The Different Types Of Retail Selling Techniques: Branding, Own Brands, Logos, Packaging, Self Service, After‑sales Service, Barcoding, Direct Mail, Loyalty Programmes, Informal Credit And Cash On Delivery
- 15.45Practice Questions: Commercial Operations: Retailing: Digital Retail Trends: The Different Types Of Digital Retail Trends: Omnichannel Retailing, Cashless Stores, Electronic Point Of Sale (Epos), Click And Collect, Self-service Checkouts, Subscription Commerce, Qr Codes, Virtual Reality (Vr) Showrooms, Dropshipping, Mobile Phone/smartphone Apps And Multi-channel Retailing
- 15.46Practice Questions: Commercial Operations: Retailing: Effects Of Ecommerce On Traditional Commerce: The Positive Impacts Of Ecommerce On Traditional Commerce, E.g. 24/7 Selling Opportunities, More Potential Customers, Increased Revenue, Targeted Marketing And Reduced Operating Store Costs
- 15.47Practice Questions: Commercial Operations: Retailing: Effects Of Ecommerce On Traditional Commerce: The Negative Impacts Of Ecommerce On Traditional Commerce, E.g. Increased Costs (Delivery, Staff Training And Larger Warehousing Space) And Website Maintenance
- 15.48Practice Questions: Commercial Operations: Wholesaling: Functions And Importance Of The Wholesaler: The Functions And Services Provided By The Wholesaler
- 15.49Practice Questions: Commercial Operations: Wholesaling: Functions And Importance Of The Wholesaler: The Importance Of The Wholesaler To The Manufacturer And Retailer
- 15.50Practice Questions: Commercial Operations: Wholesaling: Functions And Importance Of The Wholesaler: Reasons Why The Independent Wholesaler Survives: Cash And Carry And Voluntary Chains
- 15.51Practice Questions: Commercial Operations: Trading Documents: Documents Of Home Trade: Different Types Of Documents Used In Home Trade: Enquiry, Quotation, Order, Invoice, Delivery Note, Credit Note, Statement Of Account And Receipt
- 15.52Practice Questions: Commercial Operations: Trading Documents: Documents Of International Trade: Different Types Of Documents Used In International Trade: Certificate Of Origin, Bill Of Lading, Air Waybill And Documentary Credit (Letters Of Credit)
- 15.53Practice Questions:Commercial Operations: Trading Documents: Digital Use Of Trading Documents: The Stages Of The Online Ordering Process: From Buyer Browsing Website To Receiving Order
- 15.54Practice Questions: Commercial Operations: Trading Documents: Digital Use Of Trading Documents: Identifying Digital Technology In Trading Documents, E.g. Digital Signatures, Secure Access, Cloud-based Storage, Electronic Receipts And Etickets
- 15.55Practice Questions: Commercial Operations: Communication: Types Of Communication: The Distinction Between Different Types Of Communication: Written, Oral, Electronic And Visual Communication
- 15.56Practice Questions: Commercial Operations: Communication: Methods Of Communication: The Different Methods Of Communication: Letter, Telephone, Face To Face, Videoconferencing, Email, Web-based Chat (Including Chatbots), Social Media And Posters
- 15.57Practice Questions: Commercial Operations: Communication: Factors That Affect Communication: The Appropriateness Of Factors Affecting Choice Of Method Of Communication In Given Situations: Urgency, Cost, Security, Distance, Availability Of Networks And Importance Of The Message
- 15.58Practice Questions: Globalisation Of Trade: International Trade: Benefits Of International Trade To A Country: The Benefits Of International Trade To A Country: Wider Choice Of Goods, Higher Standard Of Living, Lower Cost Of Imports, More Investment And Creation Of Jobs
- 15.59Practice Questions: Globalisation Of Trade: International Trade: Challenges Of International Trade To Exporters And Importers: The Challenges Of International Trade To Exporters And Importers: Distance, Language, Methods Of Payment, Documentation, Transport, Customs Duties, Non-payment, Currencies, Foreign Exchange Rates, Competition And Different Legal Systems
- 15.60Practice Questions: Globalisation Of Trade: International Trade: Balance Of Trade And Balance Of Payments: The Difference Between Balance Of Trade And Balance Of Payments
- 15.61Practice Questions: Globalisation Of Trade: International Trade: Balance Of Trade And Balance Of Payments: Calculation And Interpretation Of Balance Of Trade And Balance Of Payments From Given Figures
- 15.62Practice Questions: Globalisation Of Trade: International Trade: Balance Of Trade And Balance Of Payments: How Commercial Activities Affect The Balance Of Trade And Balance Of Payments
- 15.63Practice Questions: Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Meaning Of Free Trade
- 15.64Practice Questions: Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Features Of A Trading Bloc
- 15.65Practice Questions: Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Advantages And Disadvantages Of Joining A Trading Bloc
- 15.66Practice Questions: Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Types Of Trade Restrictions: Tariffs, Quotas And Embargoes
- 15.67Practice Questions: Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Potential Effects Of Trade Restrictions On Commercial Activities
- 15.68Practice Questions: Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters: The Sources Of Support For Exporters: International Trade Fairs, Cheaper Bank Loans And Insurance Guarantees
- 15.69Practice Questions: Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Different Types Of Global Supply Chains: Simple Supply Chain (Supplier To Manufacturer To Consumer) And Complex Supply Chains (Supplier To Agent To Wholesaler To Retailer To Consumer)
- 15.70Practice Questions: Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Features Of Global Supply Chain Management: Upstream, The Enterprise And Downstream
- 15.71Practice Questions: Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Importance Of Suppliers In The Global Supply Chain
- 15.72Practice Questions: Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains: The Benefits Of Global Supply Chain Management: Lower Cost Of Production, Lower Labour Costs, Lower Cost Of Purchasing, Advancement In Logistics And Communication
- 15.73Practice Questions: Globalisation Of Trade: Global Supply Chain Management: Global Supply Chain Risks: The Risks To Global Supply Chains: Environmental (E.g. Pollution, Deforestation), Natural Disasters, Financial, Ethical, Technological And Political Risks
- 15.74Practice Questions: Globalisation Of Trade: Global Supply Chain Management: Global Supply Chain Risks: The Importance Of Risk Assessment In The Global Supply Chain
- 15.75Practice Questions: Logistics In Commerce: Transport: The Three Functions Of Transport In The Supply Chain: Time, Place And Quantity
- 15.76Practice Questions: Logistics In Commerce: Transport: The Types And Methods Of Transport: Road: Delivery Vans, Trucks, Couriers
- 15.77Practice Questions: Logistics In Commerce: Transport: The Types And Methods Of Transport: Rail: Freight Trains
- 15.78Practice Questions: Logistics In Commerce: Transport: The Types And Methods Of Transport: Air: Freight Planes
- 15.79Practice Questions: Logistics In Commerce: Transport: The Types And Methods Of Transport: Sea: Ferry, Tanker, Container Ship, Cargo Liner
- 15.80Practice Questions: Logistics In Commerce: Transport: The Types And Methods Of Transport: Pipeline
- 15.81Practice Questions: Logistics In Commerce: Transport: The Advantages And Disadvantages Of Different Methods Of Transport
- 15.82Practice Questions: Logistics In Commerce: Transport: The Appropriateness Of Factors Affecting Choice Of Method Of Transport In Given Situations: Nature Of Goods, Urgency, Cost, Security, Distance And Reliability Of Transporter
- 15.83Practice Questions: Logistics In Commerce: Transport: The Features Of Containerisation, Including Transshipment
- 15.84Practice Questions: Logistics In Commerce: Transport: The Advantages And Disadvantages Of Containerisation
- 15.85Practice Questions: Logistics In Commerce: Warehousing: The Functions Of Warehousing In The Supply Chain: Links With Seasonal Production, Demand, Protecting Supply And Price Stability And Logistics Postponement
- 15.86Practice Questions: Logistics In Commerce: Warehousing: The Different Types Of Warehouse: Bonded, Cold Storage, Cash And Carry And Regional Distribution Centres (Rdcs)
- 15.87Practice Questions: Logistics In Commerce: Warehousing: The Uses Of Automation In Warehousing: Robotics, Automated Sorting And Voice Picking
- 15.88Practice Questions: Logistics In Commerce: Warehousing: The Benefits Of Warehouse Automation: Lower Labour Costs, Less Human Error, Improved Picking Accuracy, Improved Inventory Control And Improved Customer Service
- 15.89Practice Questions: Aids To Trade That Support Commerce: Advertising: Types Of Advertising: The Purposes Of Advertising
- 15.90Practice Questions: Aids To Trade That Support Commerce: Advertising: Types Of Advertising: The Types Of Advertising: Informative, Persuasive, Collective (Generic) And Competitive
- 15.91Practice Questions: Aids To Trade That Support Commerce: Advertising: Types Of Advertising: The Advantages And Disadvantages Of The Different Types Of Advertisin
- 15.92Practice Questions: Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Methods Of Traditional Advertising Media: Television, Radio, Cinema, Newspapers (Local And National), Magazines/trade Journals, Leaflets/flyers, Packaging, Direct Mail, Sponsorship, Catalogues/brochures, Posters, Transport Vehicles, Window Displays, Point Of Sale Displays, Signboards And Word Of Mouth
- 15.93Practice Questions: Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Methods Of Digital Advertising Media: Social Media Advertising And Other Internet Advertising (Including Websites, Search Engines), Display Advertisements, Video Advertisements, Email Marketing, Digital Billboards And Social Media Influencers
- 15.94Practice Questions: Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Advantages And Disadvantages Of Different Methods Of Traditional And Digital Media For Advertising Campaigns
- 15.95Practice Questions: Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media: The Appropriateness Of The Factors Affecting Choice Of Method Of Advertising In Given Situations: Audience, Cost, Cultural And Legal Considerations, Flexibility To Change, Local And International Market Coverage, Multi-channel Advertising, Timing And Type Of Product
- 15.96Practice Questions: Aids To Trade That Support Commerce: Advertising: Methods Of Appeal Used In Advertising: The Different Types Of Methods Of Appeal Used In Advertising: Emotion, Fear, Humour, Rational, Ambition, Social Acceptance, Romantic, Adventure, Music, Endorsement By Celebrities And Social Media Influencers
- 15.97Practice Questions: Aids To Trade That Support Commerce: Advertising: Methods Of Appeal Used In Advertising: The Appropriateness Of Methods Of Appeal Used In Advertising In Given Situations
- 15.98Practice Questions: Aids To Trade That Support Commerce: Advertising: Sales Promotion: The Meaning Of Sales Promotion
- 15.99Practice Questions: Aids To Trade That Support Commerce: Advertising: Sales Promotion: The Methods Of Sales Promotion: Point Of Sale, Special Offers, Sponsorship, Displays, Competitions, Coupons, Sales Periods, Loss Leaders, Free Gifts And Free Samples
- 15.100Practice Questions: Aids To Trade That Support Commerce: Advertising: Sales Promotion: The Factors Affecting Choice Of Sales Promotion Methods In Given Situations: Business Type, Competitors, Cost, Nature Of Product, New/old Product And Timing
- 15.101Practice Questions: Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Accounts: Current And Deposit/savings
- 15.102Practice Questions: Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Customer Services: Atm, Night Safe, Foreign Currency, Financial Advice And Telephone Banking
- 15.103Practice Questions: Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Payments: Cash, Cheque, Credit Card, Debit Card, Store Card, Credit Transfer, Standing Order, Direct Debit, Electronic Transfer And Documentary Credit (Letter Of Credit)
- 15.104Practice Questions: Aids To Trade That Support Commerce: Banking: Banking Services: The Different Types Of Banking Services: Sources Of Finance: Loan, Overdraft, Mortgage And Hire Purchase
- 15.105Practice Questions: Aids To Trade That Support Commerce: Banking: Banking Services: The Appropriateness Of Choosing Banking Services In Given Situations
- 15.106Practice Questions: Aids To Trade That Support Commerce: Banking: Digital Technology In Banking: The Different Types Of Digital Banking: Internet Banking And Mobile Banking
- 15.107Practice Questions: Aids To Trade That Support Commerce: Banking: Digital Technology In Banking: The Advantages And Disadvantages Of Digital Banking
- 15.108Practice Questions: Aids To Trade That Support Commerce: Banking: Digital Technology In Banking: The Impact Of Digital Banking: Closure Of Bank Branches, More Digital-only Banks And Less Use Of Cash (Cashless Society)
- 15.109Practice Questions: Aids To Trade That Support Commerce: Insurance: Purposes Of Insurance: The Purposes Of Insurance: Risk Reduction, Compensation, Financial Protection, Business Confidence And Investment
- 15.110Practice Questions: Aids To Trade That Support Commerce: Insurance: Types Of Insurance Risk: The Different Types Of Insurance Risk: Consequential Loss, Employer’s Liability, Fire, Motor, Premises, Public Liability And Theft
- 15.111Practice Questions: Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Use Of Pooling Of Insurance Risk
- 15.112Practice Questions: Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Calculation Of Insurance Premiums
- 15.113Practice Questions: Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Use Of Insurance Documents: Proposal Form, Cover Note And Policy
- 15.114Practice Questions: Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance: The Role Of An Insurance Broker
- 15.115Practice Questions: Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Meaning Of Entrepreneurship
- 15.116Practice Questions: Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Sources Of Short-term Finance: Trade Credit, Debt Factoring, Hire Purchase, Leasing, Sale And Leaseback, Overdraft, Selling Assets, Owner’s Savings And Retained Profit
- 15.117Practice Questions: Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Sources Of Long-term Finance: Ordinary And Preference Shares, Loans, Debentures, Venture Capital And Crowdfunding
- 15.118Practice Questions: Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Advantages And Disadvantages Of Each Source Of Finance
- 15.119Practice Questions: Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Appropriateness Of Choice Of Source Of Finance In Given Situations
- 15.120Practice Questions: Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance: The Meaning And Use Of Financial Terms: Sales, Revenue, Profit, Working Capital, Assets And Liabilities, Interest, Capital, Cash Discounts And Trade Discounts
- 15.121Practice Questions: Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Commercial Calculations: The Calculation Of Revenue, Gross Profit, Gross Profit Margin, Profit For The Year (Net Profit), Working Capital And Mark-up Percentage 1 Revenue (Sales Or Turnover) = Selling Price Per Unit × Number Of Units Sold 2 Gross Profit = Revenue – Cost Of Sales (The Cost Of Purchasing Inventory) 3 Gross Profit Margin (%) = Gross Profit ÷ Revenue × 100 4 Net Profit/net Loss For The Year = Gross Profit – Expenses 5 Working Capital Current Assets – Current Liabilities 6 Mark-up Percentage = (Average Selling Price – Unit Cost) ÷ Unit Cost
- 15.122Practice Questions: Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Improving Commercial Performance: The Methods To Improve Sales Turnover, Profit, Mark-up And Working Capital, E.g. Reducing Expenses, Increasing Mark-up, Changing Prices, Improving Advertising, Introducing New Products In Given Situations
- 15.123Practice Questions: Sustainability And Ethics: Sustainability: Purpose Of Sustainability In The Supply Chain: The Purpose Of Sustainability In The Supply Chain: Making Commercial Processes Eco-friendly And Environmentally Responsible For Future Generations
- 15.124Practice Questions: Sustainability And Ethics: Sustainability: Actions To Inprove Sustainability: Actions To Improve Sustainability: Using Sustainable Materials In The Production Process, Implementing Sustainable Logistics, Reducing Packaging, Selling Eco-friendly Products, Recycling And Reducing Waste, Reducing The Need For Returns And Exchanges, Offering Digital Resale Marketplaces, Offering Free Repair Services And Water Stewardship
- 15.125Practice Questions: Sustainability And Ethics: Ethics: Ethics And Ethical Issues In Commerce: The Meaning Of Ethics
- 15.126Practice Questions: Sustainability And Ethics: Ethics: Ethics And Ethical Issues In Commerce: The Role Of Fair Trade In Commerce
- 15.127Practice Questions: Sustainability And Ethics: Ethics: Ethics And Ethical Issues In Commerce: Ethical Issues In Commerce: Misleading Advertising And Harmful Disposal Of Products
- 15.128Practice Questions: Sustainability And Ethics: Consumer Protection: The Reasons For Consumer Protection
- 15.129Practice Questions: Sustainability And Ethics: Consumer Protection: The Actions Taken By Buyers And Sellers To Resolve Consumer Protection Complaints
- Mock Tests/ Mock ExamsMock Exams For Final Preparation0
- Class RecordingsClass Recordings From Previous Sessions/ Current Session For Content0
- Other MaterialOther Useful Material For Exams0
- Notes (Rearranged Version)Notes Arranged In A Different Style For Preparation Ease59
- 19.1Production: The Chain of Production
- 19.2Production: Primary, Secondary and Tertiary Industries
- 19.3Production: Specialization and Division of Labour
- 19.4Production: Commerce
- 19.5Production: The Relationship Between Industry, Commerce and Direct Services
- 19.6Retail Trade: The Role of Retailer In The Chain of Distribution
- 19.7Retail Trade: Types of Retailer
- 19.8Retail Trade: Large-Scale and Small-Scale Retailing
- 19.9Retail Trade: Selling Techniques and Methods and The Implications of E-Commerce
- 19.10Retail Trade: Trends In Retailing
- 19.11Consumer Credit: Use of Credit
- 19.12Consumer Credit: Types of Credit
- 19.13Consumer Credit: Suitability of Different Types of Credit
- 19.14Wholesale Trade: The Role of The Wholesaler In The Chain of Distribution
- 19.15Wholesale Trade: Functions and Services of the Wholesaler
- 19.16Wholesale Trade: Intermediaries
- 19.17Documents of Trade: Documents of Home Trade
- 19.18Documents of Trade: Terms of Payment
- 19.19International Trade: The Importance of International Trade
- 19.20International Trade: Balance of Trade and Balance of Payments
- 19.21International Trade: Customs Authorities
- 19.22International Trade: Free Trade, Trading Blocs and Protectionism
- 19.23International Trade: Difficulties Faced by Exporters and Importers
- 19.24Advertising: The Role of Advertising
- 19.25Advertising: Media
- 19.26Advertising: Methods of Appeal (Devices)
- 19.27Advertising: Sales Promotion
- 19.28Advertising: Trends in Advertising
- 19.29Communications: Importance of Communications in Trade and the Global Market
- 19.30Communications: Methods of Communications. Internal and External
- 19.31Communications: Postal Services
- 19.32Communications: Trends in Communication
- 19.33Transport: Transportation
- 19.34Transport: Containerisation
- 19.35Transport: Ports and Airports
- 19.36Transport: Transport Documents
- 19.37Transport: Developments and Trends in Transportation
- 19.38Warehousing: Role of Warehousing
- 19.39Warehousing: Types of Warehouse
- 19.40Insurance: Purposes of Insurance
- 19.41Insurance: Business and Personal Risks
- 19.42Insurance: Insurance Principles
- 19.43Insurance: Effecting Insurance Cover
- 19.44Insurance: Statistical Basis of Insurance
- 19.45Insurance: Effecting A Claim
- 19.46Banking: Banking Services
- 19.47Banking: Means of Payment For Home and International Trade Activities
- 19.48Banking: Trends in Banking
- 19.49The Business Unit: Location of a Business, Including Retail Units
- 19.50The Business Unit: Public ad Private Sectors
- 19.51The Business Unit: Main forms of Business Organization In The Private Sector
- 19.52The Business Unit: Franchises
- 19.53The Business Unit: Multinationals
- 19.54Finance: Sources of Finance
- 19.55Finance: Finance for Commercial Activity
- 19.56Finance: Improving Commercial Performance
- 19.57Changing Environment of Commerce: Commercial Activity and The External Environment
- 19.58Changing Environment of Commerce: Commercial and Environmental Effects of E-Commerce
- 19.59Changing Environment of Commerce: Commerce and The Environment
- Notes + Written Material For Contents of The Syllabus Version 2Notes for Chapters + Written Resources Regarding The Content Version 251
- 20.1Commerce And Production: Trade And Commerce: Trade
- 20.2Commerce And Production: Trade And Commerce: Aids To Trade And Logistics
- 20.3Commerce And Production: Trade And Commerce: Types Of Commerce
- 20.4Commerce And Production: Trade And Commerce: The Relationship Between Production, Trade And Commerce
- 20.5Commerce And Production: Production: Sectors Of Production And Specialisation
- 20.6Commerce And Production: Production: In-House Production And Outsourced Production
- 20.7Commerce And Production: Production: Global Supply Chains
- 20.8Commerce And Production: Production: Intermediaries In A Supply Chain
- 20.9Commerce And Production: Production: Effects Of Digital Technology On Production
- 20.10Commerce And Production: Production: Costs Involved In Trade, Commerce And Production
- 20.11Commercial Operations: Commercial Enterprises: Private And Public Sector Enterprises
- 20.12Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises
- 20.13Commercial Operations: Commercial Enterprises: Multinational Companies In The Global Economy
- 20.14Commercial Operations: Commercial Enterprises: Franchises
- 20.15Commercial Operations: Commercial Enterprises: Physical And Ecommerce Location Factors
- 20.16Commercial Operations: Outsourcing: Growth Of Outsourcing
- 20.17Commercial Operations: Retailing: Types Of Retailers
- 20.18Commercial Operations: Retailing: etail Selling Techniques
- 20.19Commercial Operations: Retailing: Digital Retail Trends
- 20.20Commercial Operations: Retailing: Effects Of Ecommerce On Traditional Commerce
- 20.21Commercial Operations: Wholesaling: Functions And Importance Of The Wholesaler
- 20.22Commercial Operations: Trading Documents: Documents Of Home Trade
- 20.23Commercial Operations: Trading Documents: Documents Of International Trade
- 20.24Commercial Operations: Trading Documents: Digital Use Of Trading Documents
- 20.25Commercial Operations: Communication: Types Of Communication
- 20.26Commercial Operations: Communication: Methods Of Communication
- 20.27Commercial Operations: Communication: Factors That Affect Communication
- 20.28Globalisation Of Trade: International Trade: Benefits Of International Trade To A Country
- 20.29Globalisation Of Trade: International Trade: Challenges Of International Trade To Exporters And Importers
- 20.30Globalisation Of Trade: International Trade: Balance Of Trade And Balance Of Payments
- 20.31Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters
- 20.32Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains
- 20.33Globalisation Of Trade: Global Supply Chain Management: Global Supply Chain Risks
- 20.34Logistics In Commerce: Transport
- 20.35Logistics In Commerce: Warehousing
- 20.36Aids To Trade That Support Commerce: Advertising: Types Of Advertising
- 20.37Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media
- 20.38Aids To Trade That Support Commerce: Advertising: Methods Of Appeal Used In Advertising
- 20.39Aids To Trade That Support Commerce: Advertising: Sales Promotion
- 20.40Aids To Trade That Support Commerce: Banking: Banking Services
- 20.41Aids To Trade That Support Commerce: Banking: Digital Technology In Banking
- 20.42Aids To Trade That Support Commerce: Insurance: Purposes Of Insurance
- 20.43Aids To Trade That Support Commerce: Insurance: Types Of Insurance Risk
- 20.44Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance
- 20.45Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance
- 20.46Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Commercial Calculations
- 20.47Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Commercial Calculations
- 20.48Sustainability And Ethics: Sustainability: Purpose Of Sustainability In The Supply Chain
- 20.49Sustainability And Ethics: Sustainability: Actions To Improve Sustainability
- 20.50Sustainability And Ethics: Ethics: Ethics And Ethical Issues In Commerce
- 20.51Sustainability And Ethics: Consumer Protection
- Quizzes For Preparation Version 2Quizzes With Detailed Explained Answers And Common Mistakes Discussed In Detail Version 251
- 21.1Commerce And Production: Trade And Commerce: Trade
- 21.2Commerce And Production: Trade And Commerce: Aids To Trade And Logistics
- 21.3Commerce And Production: Trade And Commerce: Types Of Commerce
- 21.4Commerce And Production: Trade And Commerce: The Relationship Between Production, Trade And Commerce
- 21.5Commerce And Production: Production: Sectors Of Production And Specialisation
- 21.6Commerce And Production: Production: In-House Production And Outsourced Production
- 21.7Commerce And Production: Production: Global Supply Chains
- 21.8Commerce And Production: Production: Intermediaries In A Supply Chain
- 21.9Commerce And Production: Production: Effects Of Digital Technology On Production
- 21.10Commerce And Production: Production: Costs Involved In Trade, Commerce And Production
- 21.11Commercial Operations: Commercial Enterprises: Private And Public Sector Enterprises
- 21.12Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises
- 21.13Commercial Operations: Commercial Enterprises: Multinational Companies In The Global Economy
- 21.14Commercial Operations: Commercial Enterprises: Franchises
- 21.15Commercial Operations: Commercial Enterprises: Physical And Ecommerce Location Factors
- 21.16Commercial Operations: Outsourcing: Growth Of Outsourcing
- 21.17Commercial Operations: Retailing: Types Of Retailers
- 21.18Commercial Operations: Retailing: etail Selling Techniques
- 21.19Commercial Operations: Retailing: Digital Retail Trends
- 21.20Commercial Operations: Retailing: Effects Of Ecommerce On Traditional Commerce
- 21.21Commercial Operations: Wholesaling: Functions And Importance Of The Wholesaler
- 21.22Commercial Operations: Trading Documents: Documents Of Home Trade
- 21.23Commercial Operations: Trading Documents: Documents Of International Trade
- 21.24Commercial Operations: Trading Documents: Digital Use Of Trading Documents
- 21.25Commercial Operations: Communication: Types Of Communication
- 21.26Commercial Operations: Communication: Methods Of Communication
- 21.27Commercial Operations: Communication: Factors That Affect Communication
- 21.28Globalisation Of Trade: International Trade: Benefits Of International Trade To A Country
- 21.29Globalisation Of Trade: International Trade: Challenges Of International Trade To Exporters And Importers
- 21.30Globalisation Of Trade: International Trade: Balance Of Trade And Balance Of Payments
- 21.31Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters
- 21.32Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains
- 21.33Globalisation Of Trade: Global Supply Chain Management: Global Supply Chain Risks
- 21.34Logistics In Commerce: Transport
- 21.35Logistics In Commerce: Warehousing
- 21.36Aids To Trade That Support Commerce: Advertising: Types Of Advertising
- 21.37Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media
- 21.38Aids To Trade That Support Commerce: Advertising: Methods Of Appeal Used In Advertising
- 21.39Aids To Trade That Support Commerce: Advertising: Sales Promotion
- 21.40Aids To Trade That Support Commerce: Banking: Banking Services
- 21.41Aids To Trade That Support Commerce: Banking: Digital Technology In Banking
- 21.42Aids To Trade That Support Commerce: Insurance: Purposes Of Insurance
- 21.43Aids To Trade That Support Commerce: Insurance: Types Of Insurance Risk
- 21.44Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance
- 21.45Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance
- 21.46Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Commercial Calculations
- 21.47Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Commercial Calculations
- 21.48Sustainability And Ethics: Sustainability: Purpose Of Sustainability In The Supply Chain
- 21.49Sustainability And Ethics: Sustainability: Actions To Improve Sustainability
- 21.50Sustainability And Ethics: Ethics: Ethics And Ethical Issues In Commerce
- 21.51Sustainability And Ethics: Consumer Protection
- Cheat Sheets Version 2Short, Quick Revision Cheat Sheets Version 251
- 23.1Commerce And Production: Trade And Commerce: Trade
- 23.2Commerce And Production: Trade And Commerce: Aids To Trade And Logistics
- 23.3Commerce And Production: Trade And Commerce: Types Of Commerce
- 23.4Commerce And Production: Trade And Commerce: The Relationship Between Production, Trade And Commerce
- 23.5Commerce And Production: Production: Sectors Of Production And Specialisation
- 23.6Commerce And Production: Production: In-House Production And Outsourced Production
- 23.7Commerce And Production: Production: Global Supply Chains
- 23.8Commerce And Production: Production: Intermediaries In A Supply Chain
- 23.9Commerce And Production: Production: Effects Of Digital Technology On Production
- 23.10Commerce And Production: Production: Costs Involved In Trade, Commerce And Production
- 23.11Commercial Operations: Commercial Enterprises: Private And Public Sector Enterprises
- 23.12Commercial Operations: Commercial Enterprises: Types Of Private And Public Sector Enterprises
- 23.13Commercial Operations: Commercial Enterprises: Multinational Companies In The Global Economy
- 23.14Commercial Operations: Commercial Enterprises: Franchises
- 23.15Commercial Operations: Commercial Enterprises: Physical And Ecommerce Location Factors
- 23.16Commercial Operations: Outsourcing: Growth Of Outsourcing
- 23.17Commercial Operations: Retailing: Types Of Retailers
- 23.18Commercial Operations: Retailing: etail Selling Techniques
- 23.19Commercial Operations: Retailing: Digital Retail Trends
- 23.20Commercial Operations: Retailing: Effects Of Ecommerce On Traditional Commerce
- 23.21Commercial Operations: Wholesaling: Functions And Importance Of The Wholesaler
- 23.22Commercial Operations: Trading Documents: Documents Of Home Trade
- 23.23Commercial Operations: Trading Documents: Documents Of International Trade
- 23.24Commercial Operations: Trading Documents: Digital Use Of Trading Documents
- 23.25Commercial Operations: Communication: Types Of Communication
- 23.26Commercial Operations: Communication: Methods Of Communication
- 23.27Commercial Operations: Communication: Factors That Affect Communication
- 23.28Globalisation Of Trade: International Trade: Benefits Of International Trade To A Country
- 23.29Globalisation Of Trade: International Trade: Challenges Of International Trade To Exporters And Importers
- 23.30Globalisation Of Trade: International Trade: Balance Of Trade And Balance Of Payments
- 23.31Globalisation Of Trade: International Trade: Free Trade, Trading Blocs, Trade Restrictions And Sources Of Support For Exporters
- 23.32Globalisation Of Trade: Global Supply Chain Management: Global Supply Chains
- 23.33Globalisation Of Trade: Global Supply Chain Management: Global Supply Chain Risks
- 23.34Logistics In Commerce: Transport
- 23.35Logistics In Commerce: Warehousing
- 23.36Aids To Trade That Support Commerce: Advertising: Types Of Advertising
- 23.37Aids To Trade That Support Commerce: Advertising: Methods Of Traditional And Digital Advertising Media
- 23.38Aids To Trade That Support Commerce: Advertising: Methods Of Appeal Used In Advertising
- 23.39Aids To Trade That Support Commerce: Advertising: Sales Promotion
- 23.40Aids To Trade That Support Commerce: Banking: Banking Services
- 23.41Aids To Trade That Support Commerce: Banking: Digital Technology In Banking
- 23.42Aids To Trade That Support Commerce: Insurance: Purposes Of Insurance
- 23.43Aids To Trade That Support Commerce: Insurance: Types Of Insurance Risk
- 23.44Aids To Trade That Support Commerce: Insurance: How Enterprises Make Use Of Insurance
- 23.45Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Ways In Which Entrepreneurs And Commercial Enterprises Raise Finance
- 23.46Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Commercial Calculations
- 23.47Aids To Trade That Support Commerce: Sources Of Finance And Commercial Performance: Commercial Calculations
- 23.48Sustainability And Ethics: Sustainability: Purpose Of Sustainability In The Supply Chain
- 23.49Sustainability And Ethics: Sustainability: Actions To Improve Sustainability
- 23.50Sustainability And Ethics: Ethics: Ethics And Ethical Issues In Commerce
- 23.51Sustainability And Ethics: Consumer Protection
