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Tom's Toys case study quiz
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Fragen in diesem Quiz (35)
1Between what years were economic conditions for Bowton very difficult?
- A2007 - 2010
- B2008 - 2011
- C2009 - 2012
2Select the correct boxes showing how poor economic conditions affected the local people of Bowton and local businesses in 2011
- AIncomes fell by 10%
- BIncomes fell by 8%
- CUnemployment rose by 8000
- DUnemployment rose by 6000
- E42 businesses closed
- F45 businesses closed
- G55 businesses closed
- H11 start-up businesses occurred
- I15 start-up businesses occurred
3By 2010, Bowton experienced some growth in business activity and employment increased.
- ARichtig
- BFalsch
4The Bowton town council [blank_start]'Regeneration Plan'[blank_end] for business activity was implemented in [blank_start]2012[blank_end]. It was to be implemented over a period of [blank_start]10 years[blank_end], ending in 2022.
The council had decided to encourage businesses in Bowton by offering [blank_start]grants[blank_end] to those that wanted to locate or expand in the town.
By the start of 2018 over [blank_start]7000[blank_end] jobs had been created in the town.- A7000
- B8000
- C6000
- D'Regeneration Plan'
- E'Renewal Plan'
- F'Rejuvenation Plan'
- G10 years
- H8 years
- I15 years
- J2012
- K2014
- L2011
- Mgrants
- Nloans
5Based on a research report published in 2014, the UK toy market is experiencing a growth in online sales of toys.
- ARichtig
- BFalsch
6Select all of the correct options describing Tom's Toys (Part 1):
- ATom's Toys is a small toy shop located in a suburb in Bowton.
- BTom's Toys is a small toy shop located in central Bowton.
- CThe business is owned and run by Tom Cansell.
- DThe business is part-owned and run by Tom Cansell.
- EThe shop sells: train sets, construction models, dolls and games.
- FThe shop sells: train sets, construction models, puppets and games.
- GThe store imports 35% of the toys that it sells from countries in the EU.
- HThe store imports 40% of the toys that it sells from countries in the EU.
7Select all of the correct options describing Tom's Toys (Part 2):
- AThe store imports 30% of its toys from non-EU countries.
- BThe store imports 25% of its toys from non-EU countries.
- CThe store buys 35% of its toys from UK manufacturers.
- DThe store buys 30% of its toys from UK manufacturers.
- ETom is considering expanding his business online.
- FTom is not considering expanding his business online.
- GTom is aware of the advantages and disadvantages of the UK being in the EU with regard to trade.
- HTom is aware of the potential opportunities for trade that may become available when the UK leaves the EU in 2019.
- ITom is not aware of the potential opportunities for trade that may become available when the UK leaves the EU in 2019.
8Tom's cash flow forecast for January - April 2018 shows that his total income from sales will have decreased by £3900 in April.
- ARichtig
- BFalsch
9Tom's cash flow forecast for January - April 2018 shows that his wages and expenses stay the same in February and March before decreasing in April.
- ARichtig
- BFalsch
10GG Toys produces items that could be sold at Tom's Toys shop, based on the product mix that Tom's Toys sells.
- ARichtig
- BFalsch
11Select all of the boxes containing items that GG Toys are known to produce:
- ATrain sets
- BDolls
- CPuppets
- DBoard games
- EConstruction models
- FAction figures
- GOnline games
12GG Toys moved production of its toys to India in 2010.
- ARichtig
- BFalsch
13The marketing department for GG Toys is based in Bowton.
- ARichtig
- BFalsch
14Which group of workers experienced job losses when GG Toys moved production to China?
- AMedium-skilled production workers
- BProduction workers
- CLow/unskilled production workers
15Where do GG Toys sell their products? Select all options that apply.
- ASpecialist toy shops
- BCafes
- CLarge toy retailers
- DCharity shops
- ESupermarkets (chain)
- FDepartment stores
- GOnline
16What percentage of GG Toys products are exported to other EU countries?
- A30%
- B40%
- C50%
- D60%
17How long has 'Georgie Girl' been the best-selling toy for GG Toys?
- AFor 2 years
- BFor 3 years
- CFor 1 year
18The Georgie Girl doll is produced in Bowton, since it is GG Toys' best selling item in the UK.
- ARichtig
- BFalsch
19Why did sales and production of the Georgie Girl doll increase by 120% in 2016?
- AA 'Georgie Girl' TV series was released
- BA 'Georgie Girl' picture book was released
- CThe first 'Georgie Girl' film was released
- DThe second 'Georgie Girl' film was released
20When demand for the Georgie Girl doll increased, GG Toys moved production of the toy to a newly-constructed building on the Chinese factory site.
- ARichtig
- BFalsch
21It cost £4.50 to produce a Georgie Girl doll in 2015 and £6.50 to produce a Georgie Girl doll in 2016.
- ARichtig
- BFalsch
22The promotion costs involved with producing one Georgie Girl doll stayed the same across 2015 - 2016.
- ARichtig
- BFalsch
23Apart from promotion costs, all of the other costs associated with producing one Georgie Girl doll increased in 2016.
- ARichtig
- BFalsch
24In early 2017, the Financial Director of GG Toys identified some potential issues that could affect the success of the business in the next 2-3 years.
One of these points was that the Chinese government had devalued its currency.- ARichtig
- BFalsch
25In early 2017, the Financial Director of GG Toys identified some potential issues that could affect the success of the business in the next 2-3 years.
One of these points was that the value of pound sterling had dropped against other currencies.- ARichtig
- BFalsch
26In early 2017, the Financial Director of GG Toys identified some potential issues that could affect the success of the business in the next 2-3 years.
One of these points was that there were going to be new export taxes imposed on GG Toys.- ARichtig
- BFalsch
27In early 2017, the Financial Director of GG Toys identified some potential issues that could affect the success of the business in the next 2-3 years.
One of these points was that inflation is set to rise in the UK, which may also cause a rise in the UK interest rate.- ARichtig
- BFalsch
28Select the option below that was also identified by the Financial Director as a potential problem for GG Toys in the future.
- AChina are no longer going to allow foreign businesses to produce items in their country.
- BNewspapers have been reporting on environmental concerns associated with the manufacturing of products in China
- CForeign business owners in China are going to have to pay additional taxes to export their products to other countries
29Did GG Toys sales increase 8% per year between 2014 - 2016 or decrease 8% per year?
- AIncrease
- BDecrease
30When Isobel Liu was appointed as the new Chief Executive of GG Toys in 2016, she produced a Development Plan for 2017 - 2022 to help increase company performance.
Select all of the options below that are outlined in the plan:- AReduce the cost of materials used for the toys
- BReduce the cost of production of the toys
- CReduce the range of products created by GG Toys and focus on increasing production and sales of best-selling toys
- DKeep the range of products created by GG Toys the same, but focus on increasing production and sales of best-selling toys
- EMove production of toys to Bowton
- FMove production of toys to a smaller factory in China
- GKeep production of toys at the same factory in China
- HDevelop online selling to help reduce retail prices
- IBuy a new warehouse and buy robots, in order to enable a more streamlined order system
- JLease a new warehouse and lease robots, in order to enable a more streamlined order system
31Where is the new online-selling depot warehouse going to be based?
- AAn industrial park in Bowton
- BAn industrial park in China
- CAn industrial park in India
32How are GG toys planning to finance the new warehouse and robots?
- AThe warehouse will be bought using retained profit and the robots will be leased .
- BThe warehouse will be leased and the robots will be bought using retained profit.
- CThe warehouse will be bought using retained profit and the robots will be bought using a bank loan.
- DThe warehouse will be leased and the robots will be bought using a bank loan.
33GG Toys' online-selling depot warehouse will be automated.
- ARichtig
- BFalsch
34It is estimated that by creating an automated depot warehouse to package online orders, orders can be completed and sent out one hour earlier.
- ARichtig
- BFalsch
35GG Toys are planning to open their new online-selling depot warehouse in Bowton in order to provide jobs to unskilled workers.
- ARichtig
- BFalsch
Informationen
- Beschreibung
- Tom's Toys Yr11 Business case study quiz
- Autor
- J K
- Sprache
- English
- Aufrufe
- 200
- Schlagwörter
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