Question detail
Harbour Hire serves small retailers while taking a loan; the case evidence includes capacity utilisation of ?2,837, sales of 627 units, and a 44% change in costs or demand. Which option best applies Assess the impact of health and safety law and consumer law on businesses?
Try the question, check the answer, then read the explanation to understand the curriculum point.
At a glance
MCQ
Type
practice
Style
Topic
Legislation
Question
- A. Use consumer law to judge customer retention, suppliers impact, and the business objective in Employment, health and safety, and consumer law.
- B. Give only a definition of Legislation without using the case evidence.
- C. Treat stakeholders and shareholders 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 consumer law to judge customer retention, suppliers impact, and the business objective in Employment, health and safety, and consumer law.
Explanation
This answer fits the scenario because Use consumer law to judge customer retention, suppliers impact, and the business objective in Employment, health and safety, and consumer law. The case evidence gives ?4,337, 627 units, and 44%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse stakeholders and shareholders, miss the suppliers, or ignore the business objective.
Common mistake
Employment, health and safety, and consumer law common mistake 1
Giving a vague answer instead of directly addressing: Assess the impact of health and safety law and consumer law on businesses..
Answer by clearly explaining how to assess the impact of health and safety law and consumer law on businesses..
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