Question 1: Describe the principal purposes of the given business documents:
a) Formal documents (deeds).
b) A credit note.
c) A statement.
d) A purchase order.
e) A petty cash voucher.
Question 2:
a) Describe the given international commercial terms:
b) Illustrate the functions of a bill of exchange.
c) State the advantages of road transport to a company which supplies retail stores.
Question 3:
a) Describe the significance of marketing.
b) Describe the given methods of production:
Question 4:
a) Differentiate between direct and indirect costs.
b) Describe the three principal types of advertising.
c) Outline the uses of national census.
Question 5: Write brief notes on five:
a) Job satisfaction
b) A cost sheet
c) A bill of lading
d) R and D
e) Breakeven point
f) JIT
g) Overseas trade