Question detail
SolarSprout serves online shoppers while training staff; the case evidence includes customer retention of ?6,391, sales of 381 units, and a 8% change in costs or demand. Which option best applies Calculate revenue, costs and profit?
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 profit, revenue, costs to judge average order value, shareholders 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 revenue and profit as identical and ignore the effect on shareholders.
- D. Choose the largest sales figure without checking costs, finance, or context.
Answer
The correct option is: Use profit, revenue, costs to judge average order value, shareholders impact, and the business objective in Calculation requirements.
Explanation
The answer is commercially strongest because Use profit, revenue, costs to judge average order value, shareholders impact, and the business objective in Calculation requirements. The case evidence gives ?7,891, 381 units, and 8%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse revenue and profit, miss the shareholders, or ignore the business objective.
Common mistake
Calculation requirements common mistake 1
Giving a vague answer instead of directly addressing: Calculate revenue, costs and profit..
Answer by clearly explaining how to calculate revenue, costs and profit..
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