Question detail

FreshFork serves online shoppers while training staff; the case evidence includes customer retention of ?10,965, sales of 640 units, and a 28% change in costs or demand. Which option best applies Calculate averages in business contexts?

Try the question, check the answer, then read the explanation to understand the curriculum point.

At a glance

MCQ

Type

practice

Style

Topic

Quantitative skills in business

Question

  1. A. Use averages to judge gross profit margin, suppliers impact, and the business objective in Calculation requirements.
  2. B. Give only a definition of Quantitative skills in business without using the case evidence.
  3. C. Treat efficiency and productivity as identical and ignore the effect on suppliers.
  4. D. Choose the largest sales figure without checking costs, finance, or context.

Answer

The correct option is: Use averages to judge gross profit margin, suppliers impact, and the business objective in Calculation requirements.

Explanation

This is the best-supported choice because Use averages to judge gross profit margin, suppliers impact, and the business objective in Calculation requirements. The case evidence gives ?12,465, 640 units, and 28%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse efficiency and productivity, miss the suppliers, or ignore the business objective.

Common mistake

Calculation requirements common mistake 1

Giving a vague answer instead of directly addressing: Calculate averages in business contexts..

Answer by clearly explaining how to calculate averages in business contexts..

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analysis MCQ 4: averages in business contexts. | Quantitative… | ExamCompanion