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Store/market trader - SS1 Commerce Past Questions and Answers - page 1

1
What is the main characteristic of a store/market trader?
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A

They operate online businesses.

B

They sell goods or services directly to customers in physical stores or markets.

C

They manufacture products to sell to consumers.

2
What is one advantage of a store/market trader?
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A

Global reach and unlimited customer base.

B

Immediate product delivery through shipping.

C

Personalized service and direct customer interaction.

3
What is a potential disadvantage of a store/market trader?
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A

Limited product variety.

B

Lower competition compared to online businesses.

C

High overhead costs.

4
What do store/market traders offer to customers?
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A

Virtual shopping experience.

B

Tangible shopping experience.

C
Online auctions.
5
Which factor limits the geographical reach of a store/market trader?
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A

Direct customer interaction.

B

Physical presence in a specific location.

C

Online advertising.

6

Discuss one of the  feature of of a store/market trader.

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7

Discuss one of the advantages of  a store/market trader.

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