Search Header Logo

2.4.2 - Understanding business performance

Authored by P Bell

Business

9th - 10th Grade

Used 25+ times

2.4.2 - Understanding business performance
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A travel business has decided to increase the selling price of a standard 7-night package holiday from £405 to £450 per person. Which of the following is the correct percentage increase in selling price per person?

10%

11.11%

90%

91.11%

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The pie chart below shows information about five businesses that operate in the same market. The total market is valued at £5,000,000.

Based on this information, the value of the market held by Business B is:

£300,000

£900,000

£1,400,000

£1,600,000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business gathers information regarding the population size of a specific area. Which of the following best describes the information collected?

Marketing data

Market data

Financial data

Financial information

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The graph below shows the increase in cars sales experienced by a second-hand car garage between last year and this year:

Which of the following is the correct percentage increase in the number of second-hand cars sold by the garage between last year and this year?

11.76%

13.33%

88.24%

113.33%

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The table below shows the annual sales revenue for Fred’s Restaurant and the total yearly sales revenue for the restaurant market in which Fred’s operates:

The table below shows the annual sales revenue for Fred’s Restaurant and the total yearly sales revenue for the restaurant market in which Fred’s operates:


Yearly sales revenue (£s)

Fred’s Restaurant 300,000

Total restaurant market 1,750,000


Based on this information, Fred’s Restaurant market share is:

14.63%

17.14%

82.86%

85.37%

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

A business has conducted some market research into a suitable selling price that should be charged for product X. The results are shown below:

Based on the information above only, which price would be the most appropriate for the business to charge for product X?

£1.00

£2.50

£3.05

£4.75

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Last year a business had total costs of £235,000. This year the business experienced an 8% increase in total costs. Which of the following is the business’s total cost figure for this year?

£216,200

£234,992

£235,008

£253,800

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?