Section B 180 mary ‘Answer all questions. {All questions carry equal marks Question 16 i {a) ‘Some moder developments retaling include contactless pavments lovaly cards atten and 1 queer, (i) Explain any two of the underlined terms. Terms oe eujaneadery «tS co ser Peron geo ctgted seabed Pik wsorar ston AMS pays om cards gpd an _arroud up fo Ye se ee Sa a fq ewe enables es Coals pyran {iy state one benefit and one cst of gta technelogles to retailers. Benefit feats enpayess are needed tt Tame (gil ook Wun stl naw seehveloy a) sal Sewn) duckoud S (6) Irene Melrose is @keen runner and while visting her local shopping centre she spotted + pair of trainers in Bargain Sports ata bargain price of €20. Unfortunately after wearing the Trainers while competing in just two SK runs, she noticed that the sole of the right trainer hhad spit Irene learned about her legal rights as a consumer in her Business Studies class she emailed the manager of Bargain Sports to complain. (i) Write the email that Irene sent. Make sure the following information is included: + Use the email address customerservice@bargainsports.ie + Insert the subject ofthe email + Clearly outline the complaint ‘+ Outline two legal rights consumers are entitled to when purchasing goods 98Tanned from yar paar Be €20. Gh be ongletian oF nc tue Seal eee spite The item accerdisig $5 the rght of consutals oct ABO mrsrthorisble quality K~ got fa t purpose | wnad redsess of eehund te Competition and Consumer Protect elping consumers to rake informed decisi Commission enhances consumer welfare by ions. State one other function ofthis agency, CPCS + epencible fer unter compet tion cw oS eo (6) After researching the brand of trainers online, Irene is horifed to discover that the manufacturer uses child labour in India. Outline two ethical responsibilities that Irene fhasasa consumer when purchasing goods. 1 Super cudanubls businnss0s a Creo goods And ace dutwht, be wth lost o tore roy ) Visit ww enamine 99Marketing Mix for Dreamy Doughnuts Product Price Ruled qoods Suyeced dawg hnds for aha gfeakcy Mops Qoaghads wth 2 \ 3 3 3 “wa 3 > Fa ‘qed SL v En Une ~~ ‘sanuugnog Aweaig 10) 1008 USED pashieuy1e analysed cash book of Dreamy Dough, ees ror th = j totals 2nd Oa a ee below. One ledger account has been compias'*by ot 2 ran ega oct lm: Ore ee ri ca Wages A/C Tone | Detail Total_J_Date Details To ails oe oak 1,050 | 28/02/28 | Balance c/a [al a 08/02/18 1050 = SS 01/03/18 Balance b/d 1,050 age onl Had a/c fe eens [tol [sates eel “Tota 7} Date [appre | Bank. eS Sales — ve Date Details Total | Date | Details aT asfajilBankt "| wae Puiduss ye Date Details Total [oe Details Total® [eal [aor Gusk [iosDetails oe [baa ep ee haute the previous ledger balances, com, using let the tril balance below for Dreamy 1 oughnuts. _Hial bln oi Deamy Sagas p—————— Hal balance of Dreamy Doughnuts 2p February 2019 oR aa 08) Wau) 1050 Light _k 1344 age est 16 G0 You 280 $080 | coho sales for doughnuts changed each week in February, state Lee wo factors (ther than price) that could affect the demand for doughnuts 103snering in college ar he coy pete ; Question 18 paul allan is current in ith year id wants to stu his Lea scree, The nears 00 kil way from his home, so he wi to ive away from home 2 ent, He has bee? offer "y summer job by his Work ex il Neg employer He plans of hisnet ep each week 0 that he ante parents pay or is eis in cole each week, how much will he save: By the end of thes he works for 12 weeks b ‘and August.@ 3k is a factor that savers ‘consider: earned that ris When choosing where to pal se Identify three factors, other than risk that Paul shouig consider when ei ing where to invest his savings, eed rere jecommend two types of financial insti tutions where Paul cot provide one reas0n foreach institution you have chosen, Financial institution 2: ( cadet Wuon a ee reason: Conviwes Le gona bol it ld save his money, Other than rent, list two other financial neds and wants Paul wll have when he attends college and possible resources available to him to meet those need, Needs ‘Wants 1 Fook 1 Ae ladest plaore 2 Arane| 2 Cie tun eet Resources 1 Vn Dw gud fire work 2 Financial agsiytance hong paren 105_ the European Central Bank (ECB) has, tow. The Fro remain at thelr present level, "Un, rate at lestty a .n each of the following: institation. Name one other EU institution nd Cu: « the European Centra Bankis 2 brify explain ts an employee. @ o Cutline two rights that Paul has i “0 Jy Yu _wotpla — 2 f> nt Ae un that Paul has an employee. (i) cutne two responses 1 Ae sted Ais 2. Drying Yo wv or ekg Ve 108( Section A 90 marks ? irks. | marks. a rye sjuetooth speaker at Everything Electrica. When het Cos one Mee rom his phone, He brought the pene backhoe seme a vate manager the falling doy ‘ pesos te Val Gotoh essonfor our ase ot? ‘6 of ders of _bluotooth a be hake chur. uy fo cad living in country in 2018 was €20,000, in fact and show your workings. 7019, was €20,600, Calevate the i es [Workings oe yowed 709 pe errant avo the official measure of inflation called? wi nest common economic systems are Centrally Planned Economy, Fee Market Economy su fc sisbetem Mixed Economy and ilustate your answer with an examal yd ty a econy it Skok _corwpuy fg well a end fe Esa ones ————— 109costing €28,9! ent in the 195 from Gorey Motors Ltd on 3rq Bank Account of Gorey Motors Tey Details cR Total unt) by completing the three shaded ca ame statement (Trang ACC sacome Steet radng coun) Of Back Tor year ending 31/12/2021 é € : sales a Less costo ales a Opening stock ei Purchases a Customs duty ae sama Cost of goods avaliable forsale BT 40s Les dos sok =, _ Gross. Pégh+ aa 110| __ Kells busines Park, co. Meath —— ls Business Park, Co. Meath No. 8274 Telephone (046) 749 1847 Email: info@luxie ‘&th December 2021 Sweets and Treats td Five hundred and seventy two euro, led? this document cal pat Signed: Christina Clarke forty five cents 572.45 ‘Accounts Department es jyom was the money paid? pw 6 tion 8 gor’ tihting Emp< wt pees whether each of the following isan example of Current Assets or Curent Liabilities (creditors a ue within one year) by inserting a tick (V} in the relevant colon i € Current Assets Current Liabites (creditors fling due within one year) hinbank 580 a ceitors 36,850 Cosng stock 21,470 ae 15,460 ee sarkoverdrat 5,680 ee YY Cashin premises 220 1 EDCO SAMPLE D