Question detail
CraftCrate serves commuters while opening a second outlet; the case evidence includes net profit margin of ?10,461, sales of 491 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 average order value, 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 fixed and variable costs 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 average order value, suppliers impact, and the business objective in International competition and globalisation.
Explanation
This is the best-supported choice because Use globalisation to judge average order value, suppliers impact, and the business objective in International competition and globalisation. The case evidence gives ?11,961, 491 units, and 30%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse fixed and variable costs, 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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