Question detail
CycleNest serves price-sensitive customers while using retained profit; the case evidence includes break-even output of ?7,108, sales of 708 units, and a 39% change in costs or demand. Which option best applies Calculate percentages and percentage changes 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
- A. Use percentage change, percentages to judge labour productivity, customers impact, and the business objective in Calculation requirements.
- B. Give only a definition of Quantitative skills in business without using the case evidence.
- C. Treat stakeholders and shareholders as identical and ignore the effect on customers.
- D. Choose the largest sales figure without checking costs, finance, or context.
Answer
The correct option is: Use percentage change, percentages to judge labour productivity, customers impact, and the business objective in Calculation requirements.
Explanation
Choose this response because Use percentage change, percentages to judge labour productivity, customers impact, and the business objective in Calculation requirements. The case evidence gives ?8,608, 708 units, and 39%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse stakeholders and shareholders, miss the customers, or ignore the business objective.
Common mistake
Calculation requirements common mistake 1
Giving a vague answer instead of directly addressing: Calculate percentages and percentage changes in business contexts..
Answer by clearly explaining how to calculate percentages and percentage changes in business contexts..
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