Question detail
CraftCrate serves business clients while changing promotion; the case evidence includes supplier lead time of ?6,775, sales of 300 units, and a 10% 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, shareholders 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 shareholders.
- D. Choose the largest sales figure without checking costs, finance, or context.
Answer
The correct option is: Use globalisation to judge gross profit margin, shareholders impact, and the business objective in International competition and globalisation.
Explanation
The answer is commercially strongest because Use globalisation to judge gross profit margin, shareholders impact, and the business objective in International competition and globalisation. The case evidence gives ?8,275, 300 units, and 10%, 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 shareholders, 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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