Question detail

CraftCrate serves commuters while opening a second outlet; the case evidence includes net profit margin of ?4,544, sales of 184 units, and a 37% 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

  1. A. Use percentage change, percentages to judge unit contribution, managers 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 internal and external finance as identical and ignore the effect on managers.
  4. D. Choose the largest sales figure without checking costs, finance, or context.

Answer

The correct option is: Use percentage change, percentages to judge unit contribution, managers impact, and the business objective in Calculation requirements.

Explanation

The option is correct because Use percentage change, percentages to judge unit contribution, managers impact, and the business objective in Calculation requirements. The case evidence gives ?6,044, 184 units, and 37%, 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 managers, 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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