Commerce help!

[Aly Emran]

is it compulsory to answer the question in bullets when the question states explain 3 reasons etc etc?? plus how to score gud marks in p1 i find it difficult to even score 30/40 marks?? Thanks in advance

 

[jelly bucket]

umm i am not so sure but i was advised never to write in bullet points just to be on the safe size explain the fact in one line even if they say state unless its something you absolutely cannot explain

 

[jelly bucket]

umm the only option is for you to practice all the mcqs from i think 2004
thats what i am doing

 

[jelly bucket]

i have a doubt pls answer this mcq care fully

what is the aim of most advertising ?
a.to create employment
b.to persuade customers to buy
c.to provide consumer choice
d.to reduce costs

 

[Aly Emran]

i have a doubt pls answer this mcq care fully

what is the aim of most advertising ?
a.to create employment
b.to persuade customers to buy
c.to provide consumer choice
d.to reduce costs

Not sure about that but i guess the answer is (c. to provide consumer choice) because employment creation is not their aim nor do they reduce costs. there r some informative advertisements too so the left option is c. because it does provide choice.

 

[jelly bucket]

ok yeah that does make sense i thought it would be b.

 

[jelly bucket]

another question
a good is bought at $.80 and it is sold at $1 wats the mark up??
the answers were
a.20
b.25
c.125
d.180

 

[Aly Emran]

b

another question
a good is bought at $.80 and it is sold at $1 wats the mark up??
the answers were
a.20
b.25
c.125
d.180

b.25

 

[jelly bucket]

i know rite i did it too maybe the mark scheme was wrong

 

[jelly bucket]

it was a.
but not from a paper
it was from a book

 

[Aly Emran]

th

it was a.
but not from a paper
it was from a book

then answer is b

 

[jelly bucket]

i thought so too

 

[jelly bucket]

why????

 

[Cryptids]

Both answers are B.
Advertisement is usually meant to persuade consumers to buy to increase sales.
While mark-up will be calculated (0.2/0.8)x100 = 25%

 

[Aly Emran]

another way of mark-up = (1/0.8)-1= 0.25= 25%

 

[jelly bucket]

lol

idk !

u kno alot of mcqs are repeated...
so do pps

 

[Cryptids]

i guess 1st one is c because its aim is to create public awareness. while pursuading customers is not the aim of every advertisement for example: A slogan reads:"Washing powder X removes every stain." this is providing info not forcing people to buy washing powder. Correct me if i have misunderstood.

Yea I agree what you say.
But read the Option C again it says to provide consumer choice and consumer choice is fulfilled by business activity.
Providing consumer choice and raising public awareness are two much different terms actually. !

 

[Cryptids]

And for your first question, answering in points or paragraph doesn't really matter unless the question starts from EXPLAIN or DEFINE or WHY !

 

[Mahnoor Ahmad]

which year is it from? i think the answer is b the main reason for advertisement is to persuade ppl to buy the product thats one of the aims of informative advertisement too this is what advertisement exists for.

ok yeah that does make sense i thought it would be b.

 

[Mahnoor Ahmad]

they asked for MOST advertisement the question does not say EVERY advertisement.

Yea I agree what you say.
But read the Option C again it says to provide consumer choice and consumer choice is fulfilled by business activity.
Providing consumer choice and raising public awareness are two much different terms actually. !