7. By purchasing in bulk from manufacturer and selling in smaller quantities to retailer
wholesaler reduces ............. risk of retailers, (1)
a financial
b marketing
c storage and theft
d production
8. It is said that finance is the life blood of business. Do you agree with the statement ? (1)
9. Identify the traders that do not have fixed premises and move one place to the other in search
of customers. (1)
10. Owners of business do not want to dilute their ............ therefore they prefer using debt over
equity. (1)
a control over these ownership
b amount of profits
c financial strength
d control over Assets of the company
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Explanation:
7.c
8.yes,because with finances we can't run business
9.street hokers
10.a
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