Question detail
QuickFix Repairs serves repeat customers while raising prices; the case evidence includes unit contribution of ?11,110, sales of 125 units, and a 7% change in costs or demand. Which option best applies Explain that Paper 2 assesses Business in the real world, Influences on business, Marketing and Finance?
Try the question, check the answer, then read the explanation to understand the curriculum point.
At a glance
MCQ
Type
practice
Style
Topic
Assessment structure and business contexts
Question
- A. Use finance, marketing, Paper 2 to judge capacity utilisation, lenders impact, and the business objective in Paper 2 assessment context.
- B. Give only a definition of Assessment structure and business contexts without using the case evidence.
- C. Treat internal and external finance as identical and ignore the effect on lenders.
- D. Choose the largest sales figure without checking costs, finance, or context.
Answer
The correct option is: Use finance, marketing, Paper 2 to judge capacity utilisation, lenders impact, and the business objective in Paper 2 assessment context.
Explanation
The option is correct because Use finance, marketing, Paper 2 to judge capacity utilisation, lenders impact, and the business objective in Paper 2 assessment context. The case evidence gives ?12,610, 125 units, and 7%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse internal and external finance, miss the lenders, or ignore the business objective.
Common mistake
Paper 2 assessment context common mistake 1
Giving a vague answer instead of directly addressing: Explain that Paper 2 assesses Business in the real world, Influences on business, Marketing and Finance..
Answer by clearly explaining how to explain that Paper 2 assesses Business in the real world, Influences on business, Marketing and Finance..
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