Question detail
Northline Gym serves commuters while opening a second outlet; the case evidence includes net profit margin of ?10,526, sales of 316 units, and a 35% change in costs or demand. Which option best applies Explain how UK businesses may compete internationally through better design, higher quality and lower prices?
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 price, design, quality 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 margin and markup 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 price, design, quality to judge net profit margin, lenders impact, and the business objective in International competition and globalisation.
Explanation
The option is correct because Use price, design, quality to judge net profit margin, lenders impact, and the business objective in International competition and globalisation. The case evidence gives ?12,026, 316 units, and 35%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse margin and markup, 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: Explain how UK businesses may compete internationally through better design, higher quality and lower prices..
Answer by clearly explaining how to explain how UK businesses may compete internationally through better design, higher quality and lower prices..
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