Question detail

CloudCart serves online shoppers while training staff; the case evidence includes customer retention of ?5,479, sales of 114 units, and a 14% change in costs or demand. Which option best applies Explain how proximity to the market can influence business location?

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At a glance

MCQ

Type

practice

Style

Topic

Business location

Question

A. Use location to judge break-even output, shareholders impact, and the business objective in Location factors.
B. Give only a definition of Business location 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 location to judge break-even output, shareholders impact, and the business objective in Location factors.

Explanation

This answer fits the scenario because Use location to judge break-even output, shareholders impact, and the business objective in Location factors. The case evidence gives ?6,979, 114 units, and 14%, 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

Location factors common mistake 1

Giving a vague answer instead of directly addressing: Explain how proximity to the market can influence business location..

Answer by clearly explaining how to explain how proximity to the market can influence business location..

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CycleNest serves local families while changing supplier; the case evidence includes gross profit margin of ?4,192, sales of 792 units, and a 9% change in costs or demand. Which option best applies Explain how proximity to the market can influence business location?