Question detail
MetroMove serves commuters while opening a second outlet; the case evidence includes net profit margin of ?3,263, sales of 398 units, and a 20% change in costs or demand. Which option best applies Use quantitative data to support, inform and justify business decisions?
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 quantitative, data, support, justify to judge cash inflow, shareholders 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 break-even 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 quantitative, data, support, justify to judge cash inflow, shareholders impact, and the business objective in Interpretation requirements.
Explanation
This answer fits the scenario because Use quantitative, data, support, justify to judge cash inflow, shareholders impact, and the business objective in Interpretation requirements. The case evidence gives ?4,763, 398 units, and 20%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse break-even and profit, miss the shareholders, or ignore the business objective.
Common mistake
Interpretation requirements common mistake 1
Giving a vague answer instead of directly addressing: Use quantitative data to support, inform and justify business decisions..
Answer by clearly explaining how to use quantitative data to support, inform and justify business decisions..
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