Commerce 4CM1/01 June 2021 | Edexcel IGCSE Past Papers With Mark Scheme

Edexcel International GCSE Commerce (4CM1) Jun 2021

معلم موافق رایگان بودن است.

1. Exam code 4CM1/01; total 80 marks; 3 sections; topics include insurance types, loss leaders, barcodes, trading blocs, partnerships, ecommerce logistics.
2. Key definitions and calculations: premiums, subsidies, specialisation, insurance contribution, percentage loss, exchange rate conversion, visible/invisible trade, insurable interest.
3. Case studies: GreenHeart Organic Farms (loss leader pricing), BBQBB (public liability insurance), Tuskys (expansion strategy, theft insurance, wholesaler use), PrintedinchinaOnline (bad debts reduction).
4. Strategic business decisions: location optimization (near market vs supplier), ownership change (private vs public company), online delivery benefits, finance options, membership in trading blocs.
5. Risk management emphasis: theft, liability, insurance principles (utmost good faith), claim trends analysis, plate glass insurance for retailers, insurance broker role.
6. Evaluation-based questions: business partnership disadvantages, ecommerce and mail order logistics, justifying ownership change, interpreting data (claims, exports, imports), service quality assurance.