145 prompts matching "Assuming that removing middlemen always lowers prices"
Spot my mistake: Two consequences for a trader of insufficient working capital
Show me a worked example on two consequences for a trader of insufficient working capital
Quiz: The sources of credit: trade credit, bank loan
I am revising Credit and Credit Instruments for SS2 Commerce. Test me on the sources of cr
Let me explain: The functions of credit to the retailer and the wholesaler and the risks credit carries for each
Let me talk you through the functions of credit to the retailer and the wholesaler and the
Spot my mistake: Credit instruments — invoice, statement of account
Write a short SS2 Commerce answer about credit instruments — invoice, statement of account
Practice set: Contrasting hire purchase and credit sale
Give me a practice set on contrasting hire purchase and credit sale for SS2 Commerce. Star
Teach me: The meaning of profit
I am an SS2 student studying Profit in Commerce. Explain the meaning of profit to me from
Let me explain: Calculating cost of goods sold, gross profit
I am going to explain calculating cost of goods sold, gross profit to you, as an SS2 Comme
Spot my mistake: Calculating gross profit and net profit as percentages of turnover
Give me a wrong or muddled explanation of calculating gross profit and net profit as perce
Practice set: One trading account on the board in full, from opening stock and purchases through to net profit
Give me a practice set on one trading account on the board in full, from opening stock and
Project task: Preparing a trading and profit and loss statement for a provisions shop from supplied figures
Give me a practical task on preparing a trading and profit and loss statement for a provis
Spot my mistake: Calculating gross profit, net profit and both margins from the supplied data
Show me a worked example on calculating gross profit, net profit and both margins from the
Spot my mistake: Why the rate of turnover varies between a supermarket, a jeweller and a car dealer
Show me a worked example on why the rate of turnover varies between a supermarket, a jewel
Practice set: Examples on the board for two contrasting businesses
Give me a practice set on examples on the board for two contrasting businesses for SS2 Com
Spot my mistake: Response: from a table of two shops' figures, state which has the higher rate of turnover
Show me a worked example on response: from a table of two shops' figures, state which has
Quiz: The essentials of a valid contract
I am revising Business Law and Agency for SS2 Commerce. Test me on the essentials of a val
Let me explain: The rights and duties of the principal and those of the agent compared
Let me talk you through the rights and duties of the principal and those of the agent comp
Spot my mistake: The rights and obligations of employer and employee
Write a short SS2 Commerce answer about the rights and obligations of employer and employe
Practice set: Essentials of a contract, testing each against a market sale and an online order
Give me a practice set on essentials of a contract, testing each against a market sale and
Project task: Take three short cases — goods not matching description
Give me a practical task on take three short cases — goods not matching description from B
Teach me: Drawing an organisation chart showing the departments and positions of a named business
I am an SS2 student studying Structure of Business Organisation in Commerce. Explain drawi