COMMERCE - PART 1 - Crossword Labs

1. Before buying goods on credit, make sure the difference between ____ price and credit price.
3. Commerce is involved in the production process because it includes distributing _____ and services.
6. _______ ,commerce and direct services are parts of production.
7. Production is completed when goods reach the ________ .
11. Human basic needs are Shelter,cloths and _____ .
12. It shows a reduction in the amount owing to the seller.
13. ________ of goods is an example of after-sales service.
16. ________ goods is not performed by a retailer.
18. correct sequence of documents in a business transaction: enquiry,quotation,______, invoice,statement
19. Buying in bulk and selling in smaller quantities is an important service which is provided by the ________ .
20. A trader gives trade discount when selling to another _______.

1. chain of distribution for manufactured goods. manufacturer → wholesaler → retailer → ________ .
2. To attract customers, a large retail organisation purchases articles at$2.50 each and sells them at $2.00 each. what it is called? ____ leader
4. This contains prices and conditions under which certain goods will be sold.
5. Purpose of trade is buying and selling of goods and services for ________.
8. Standardisation of products is an advantage of __________ .
9. Many people set up small retail businesses. because small amount of ______ is needed to start trading.
10. ________ machines make greater savings on space in retail selling.
14. Retailers offer credit to their customers to increase ______.
15. description of goods bought during the period is not contained on a ________ of account.
17. Few skills are required to run a ______ outlet than a manufacturing unit.