Question detail
MetroMove serves small retailers while taking a loan; the case evidence includes capacity utilisation of ?3,206, sales of 581 units, and a 15% 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 net profit margin, lenders 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 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 percentage change, percentages to judge net profit margin, lenders impact, and the business objective in Calculation requirements.
Explanation
The option is correct because Use percentage change, percentages to judge net profit margin, lenders impact, and the business objective in Calculation requirements. The case evidence gives ?4,706, 581 units, and 15%, 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
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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