Month: February 2020

Which of the following is MOST LIKELY to result in an immediate improvement in the cash flow of a coffee company such as Starbucks?

Select ONE answer:

1. Increased productivity
2. A smaller margin of safety
3. Paying suppliers later
4. Repaying a bank loan

Show the workings to arrive at your answer, and explain and justify your reasons:

Which of the following is MOST LIKELY to increase the revenue of a bus company such as National Express?

Select ONE answer:

1. A higher number of passengers
2. Lower fuel costs
3. Employ more coach drivers
4. Less spending on advertising

Show the workings to arrive at your answer, and explain and justify your reasons:

Which of the following BEST describes the term productivity?

Select ONE answer:

1. a number of products made that pass quality control.
2. range of products made by a business
3. amount of products one work can make in an hour
4. the total output of a business

Show the workings to arrive at your answer, and explain and justify your reasons:

The product life cycle below shows sales of a product over time.

What is Phase 2 called?

Select ONE answer:

1. Growth
2. Decline
3. Maturity
4. Introduction

Show the workings to arrive at your answer, and explain and justify your reasons: