S.4 Commerce Questionnaire Caltec S.4

CALTEC ACADEMY MAKERERE COMMERCE 800/1 UGANDA CERTIFICATE OF EDUCATION SENIOR FOUR FACILITATON 2019- “QUESTIONNAIRE” 1. (a) Distinguish between Demand and supply. (b)Explain the factors that determine the supply of goods and services. 2. (a)Define term specialization and explain the various forms of specialization. (b) What are the advantages and disadvantages of specialization? 3. (a) Explain the factors that are considered before setting a retail outlet. (b) What are the qualities of a good retailer? (c) who are itinerant traders? (d)Give reasons why the number of small scale retail firms have increased in Uganda. 4. (a) Mention any five types of large scale retailers. (b)What are the features of large scale retailers? (c)What are the advantages and disadvantages of super markets? 5. (a) why should a wholesaler not be eliminated in home trade? (b)Under what circumstances a wholesaler may be eliminated from the chain of distribution? 6. what is the meaning of the following terms as used in home trade?, and give their contents. Letter of inquiry Quotation Order Credit status inquiry Proforma invoice Package sheet Dispatch/advice note Delivery note Goods received note Invoice Credit note Debit note Goods returned note Statement of account A receipt 7. (a)What are the differences between International trade and Home trade? (b)What are the factors that give rise to international trade? 8. what is the meaning of the following terms as used in international trade; Bi-lateral trade Multi-lateral trade Visible trade Invisible trade Balance of trade Balance of payment Devaluation Dumping Terms of trade Comparative cost advantage Entrepot trade Customs draw back 9. (a) What are the advantages and disadvantages of international trade? (b) What factors limit international trade? 10. (a)Explain the methods used to regulate international trade. (b)Why do countries regulate international trade? 11. (a) what is the meaning of the term ‘dissolution of …