Question detail
CloudCart serves health-conscious consumers while cutting delivery times; the case evidence includes cash inflow of ?10,697, sales of 977 units, and a 10% change in costs or demand. Which option best applies Give business examples that operate in each sector?
Try the question, check the answer, then read the explanation to understand the curriculum point.
At a glance
MCQ
Type
practice
Style
Topic
The purpose and nature of businesses
Question
- A. Use operate, examples, that, business to judge customer retention, local community impact, and the business objective in Factors of production and business sectors.
- B. Give only a definition of The purpose and nature of businesses without using the case evidence.
- C. Treat cash flow and 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 operate, examples, that, business to judge customer retention, local community impact, and the business objective in Factors of production and business sectors.
Explanation
This answer fits the scenario because Use operate, examples, that, business to judge customer retention, local community impact, and the business objective in Factors of production and business sectors. The case evidence gives ?12,197, 977 units, and 10%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse cash flow and profit, miss the local community, or ignore the business objective.
Common mistake
Factors of production and business sectors common mistake 1
Giving a vague answer instead of directly addressing: Give business examples that operate in each sector..
Answer by clearly explaining how to give business examples that operate in each sector..
Related flashcards
Flashcard 1 of 5
Related practice questions
Question 1 of 5
Choose an answer, get feedback, then move sideways through the set.