Question detail
CycleNest serves tourists while improving quality control; the case evidence includes average order value of ?7,030, sales of 155 units, and a 27% 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 capacity utilisation, 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 break-even 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 price, design, quality to judge capacity utilisation, lenders impact, and the business objective in International competition and globalisation.
Explanation
Choose this response because Use price, design, quality to judge capacity utilisation, lenders impact, and the business objective in International competition and globalisation. The case evidence gives ?8,530, 155 units, and 27%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse break-even 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: 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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