Question detail
RiverRun Catering serves price-sensitive customers while using retained profit; the case evidence includes break-even output of ?7,926, sales of 716 units, and a 17% change in costs or demand. Which option best applies Analyse benefits and drawbacks of globalisation for UK businesses?
Try the question, check the answer, then read the explanation to understand the curriculum point.
At a glance
MCQ
Type
practice
Style
Topic
Globalisation
Question
- A. Use globalisation to judge net profit margin, lenders impact, and the business objective in International competition and globalisation.
- B. Give only a definition of Globalisation without using the case evidence.
- C. Treat revenue and profit as identical and ignore the effect on lenders.
- D. Choose the largest sales figure without checking costs, finance, or context.
Answer
The correct option is: Use globalisation to judge net profit margin, lenders impact, and the business objective in International competition and globalisation.
Explanation
The option is correct because Use globalisation to judge net profit margin, lenders impact, and the business objective in International competition and globalisation. The case evidence gives ?9,426, 716 units, and 17%, 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 lenders, or ignore the business objective.
Common mistake
International competition and globalisation common mistake 1
Giving a vague answer instead of directly addressing: Analyse benefits and drawbacks of globalisation for UK businesses..
Answer by clearly explaining how to analyse benefits and drawbacks of globalisation for UK businesses..
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