Question detail
Northline Gym serves commuters while opening a second outlet; the case evidence includes net profit margin of ?9,937, sales of 322 units, and a 28% change in costs or demand. Which option best applies Interpret and use information from graphs and charts 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 graphs, charts to judge customer retention, local community impact, and the business objective in Interpretation requirements.
- B. Give only a definition of Quantitative skills in business without using the case evidence.
- C. Treat gross and net profit as identical and ignore the effect on local community.
- D. Choose the largest sales figure without checking costs, finance, or context.
Answer
The correct option is: Use graphs, charts to judge customer retention, local community impact, and the business objective in Interpretation requirements.
Explanation
This is the best-supported choice because Use graphs, charts to judge customer retention, local community impact, and the business objective in Interpretation requirements. The case evidence gives ?11,437, 322 units, and 28%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse gross and net profit, miss the local community, or ignore the business objective.
Common mistake
Interpretation requirements common mistake 1
Giving a vague answer instead of directly addressing: Interpret and use information from graphs and charts in business contexts..
Answer by clearly explaining how to interpret and use information from graphs and charts in business contexts..
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