Question detail
RiverRun Catering serves price-sensitive customers while using retained profit; the case evidence includes break-even output of ?5,405, sales of 355 units, and a 30% change in costs or demand. Which option best applies Explain globalisation and its effects on 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 gross profit margin, suppliers impact, and the business objective in International competition and globalisation.
- B. Give only a definition of Globalisation without using the case evidence.
- C. Treat efficiency and productivity as identical and ignore the effect on suppliers.
- D. Choose the largest sales figure without checking costs, finance, or context.
Answer
The correct option is: Use globalisation to judge gross profit margin, suppliers impact, and the business objective in International competition and globalisation.
Explanation
This is the best-supported choice because Use globalisation to judge gross profit margin, suppliers impact, and the business objective in International competition and globalisation. The case evidence gives ?6,905, 355 units, and 30%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse efficiency and productivity, miss the suppliers, or ignore the business objective.
Common mistake
International competition and globalisation common mistake 1
Giving a vague answer instead of directly addressing: Explain globalisation and its effects on UK businesses..
Answer by clearly explaining how to explain globalisation and its effects on UK businesses..
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