J K
Quiz von , erstellt am more than 1 year ago

Tom's Toys Yr11 Business case study quiz

172
0
0
J K
Erstellt von J K vor mehr als 6 Jahre
Schließen

Tom's Toys case study quiz

Frage 1 von 35

1

Between what years were economic conditions for Bowton very difficult?

Wähle eine der folgenden:

  • 2007 - 2010

  • 2008 - 2011

  • 2009 - 2012

Erklärung

Frage 2 von 35

1

Select the correct boxes showing how poor economic conditions affected the local people of Bowton and local businesses in 2011

Wähle eine oder mehr der folgenden:

  • Incomes fell by 10%

  • Incomes fell by 8%

  • Unemployment rose by 8000

  • Unemployment rose by 6000

  • 42 businesses closed

  • 45 businesses closed

  • 55 businesses closed

  • 11 start-up businesses occurred

  • 15 start-up businesses occurred

Erklärung

Frage 3 von 35

1

By 2010, Bowton experienced some growth in business activity and employment increased.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 4 von 35

1

The Bowton town council for business activity was implemented in . It was to be implemented over a period of , ending in 2022.
The council had decided to encourage businesses in Bowton by offering to those that wanted to locate or expand in the town.
By the start of 2018 over jobs had been created in the town.

Klicke und ziehe, um den Text zu vervollständigen.

    7000
    8000
    6000
    'Regeneration Plan'
    'Renewal Plan'
    'Rejuvenation Plan'
    10 years
    8 years
    15 years
    2012
    2014
    2011
    grants
    loans

Erklärung

Frage 5 von 35

1

Based on a research report published in 2014, the UK toy market is experiencing a growth in online sales of toys.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 6 von 35

1

Select all of the correct options describing Tom's Toys (Part 1):

Wähle eine oder mehr der folgenden:

  • Tom's Toys is a small toy shop located in a suburb in Bowton.

  • Tom's Toys is a small toy shop located in central Bowton.

  • The business is owned and run by Tom Cansell.

  • The business is part-owned and run by Tom Cansell.

  • The shop sells: train sets, construction models, dolls and games.

  • The shop sells: train sets, construction models, puppets and games.

  • The store imports 35% of the toys that it sells from countries in the EU.

  • The store imports 40% of the toys that it sells from countries in the EU.

Erklärung

Frage 7 von 35

1

Select all of the correct options describing Tom's Toys (Part 2):

Wähle eine oder mehr der folgenden:

  • The store imports 30% of its toys from non-EU countries.

  • The store imports 25% of its toys from non-EU countries.

  • The store buys 35% of its toys from UK manufacturers.

  • The store buys 30% of its toys from UK manufacturers.

  • Tom is considering expanding his business online.

  • Tom is not considering expanding his business online.

  • Tom is aware of the advantages and disadvantages of the UK being in the EU with regard to trade.

  • Tom is aware of the potential opportunities for trade that may become available when the UK leaves the EU in 2019.

  • Tom is not aware of the potential opportunities for trade that may become available when the UK leaves the EU in 2019.

Erklärung

Frage 8 von 35

1

Tom's cash flow forecast for January - April 2018 shows that his total income from sales will have decreased by £3900 in April.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 9 von 35

1

Tom'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.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 10 von 35

1

GG Toys produces items that could be sold at Tom's Toys shop, based on the product mix that Tom's Toys sells.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 11 von 35

1

Select all of the boxes containing items that GG Toys are known to produce:

Wähle eine oder mehr der folgenden:

  • Train sets

  • Dolls

  • Puppets

  • Board games

  • Construction models

  • Action figures

  • Online games

Erklärung

Frage 12 von 35

1

GG Toys moved production of its toys to India in 2010.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 13 von 35

1

The marketing department for GG Toys is based in Bowton.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 14 von 35

1

Which group of workers experienced job losses when GG Toys moved production to China?

Wähle eine der folgenden:

  • Medium-skilled production workers

  • Production workers

  • Low/unskilled production workers

Erklärung

Frage 15 von 35

1

Where do GG Toys sell their products? Select all options that apply.

Wähle eine oder mehr der folgenden:

  • Specialist toy shops

  • Cafes

  • Large toy retailers

  • Charity shops

  • Supermarkets (chain)

  • Department stores

  • Online

Erklärung

Frage 16 von 35

1

What percentage of GG Toys products are exported to other EU countries?

Wähle eine der folgenden:

  • 30%

  • 40%

  • 50%

  • 60%

Erklärung

Frage 17 von 35

1

How long has 'Georgie Girl' been the best-selling toy for GG Toys?

Wähle eine der folgenden:

  • For 2 years

  • For 3 years

  • For 1 year

Erklärung

Frage 18 von 35

1

The Georgie Girl doll is produced in Bowton, since it is GG Toys' best selling item in the UK.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 19 von 35

1

Why did sales and production of the Georgie Girl doll increase by 120% in 2016?

Wähle eine der folgenden:

  • A 'Georgie Girl' TV series was released

  • A 'Georgie Girl' picture book was released

  • The first 'Georgie Girl' film was released

  • The second 'Georgie Girl' film was released

Erklärung

Frage 20 von 35

1

When demand for the Georgie Girl doll increased, GG Toys moved production of the toy to a newly-constructed building on the Chinese factory site.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 21 von 35

1

It cost £4.50 to produce a Georgie Girl doll in 2015 and £6.50 to produce a Georgie Girl doll in 2016.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 22 von 35

1

The promotion costs involved with producing one Georgie Girl doll stayed the same across 2015 - 2016.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 23 von 35

1

Apart from promotion costs, all of the other costs associated with producing one Georgie Girl doll increased in 2016.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 24 von 35

1

In 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.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 25 von 35

1

In 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.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 26 von 35

1

In 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.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 27 von 35

1

In 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.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 28 von 35

1

Select the option below that was also identified by the Financial Director as a potential problem for GG Toys in the future.

Wähle eine der folgenden:

  • China are no longer going to allow foreign businesses to produce items in their country.

  • Newspapers have been reporting on environmental concerns associated with the manufacturing of products in China

  • Foreign business owners in China are going to have to pay additional taxes to export their products to other countries

Erklärung

Frage 29 von 35

1

Did GG Toys sales increase 8% per year between 2014 - 2016 or decrease 8% per year?

Wähle eine der folgenden:

  • Increase

  • Decrease

Erklärung

Frage 30 von 35

1

When 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:

Wähle eine oder mehr der folgenden:

  • Reduce the cost of materials used for the toys

  • Reduce the cost of production of the toys

  • Reduce the range of products created by GG Toys and focus on increasing production and sales of best-selling toys

  • Keep the range of products created by GG Toys the same, but focus on increasing production and sales of best-selling toys

  • Move production of toys to Bowton

  • Move production of toys to a smaller factory in China

  • Keep production of toys at the same factory in China

  • Develop online selling to help reduce retail prices

  • Buy a new warehouse and buy robots, in order to enable a more streamlined order system

  • Lease a new warehouse and lease robots, in order to enable a more streamlined order system

Erklärung

Frage 31 von 35

1

Where is the new online-selling depot warehouse going to be based?

Wähle eine der folgenden:

  • An industrial park in Bowton

  • An industrial park in China

  • An industrial park in India

Erklärung

Frage 32 von 35

1

How are GG toys planning to finance the new warehouse and robots?

Wähle eine der folgenden:

  • The warehouse will be bought using retained profit and the robots will be leased .

  • The warehouse will be leased and the robots will be bought using retained profit.

  • The warehouse will be bought using retained profit and the robots will be bought using a bank loan.

  • The warehouse will be leased and the robots will be bought using a bank loan.

Erklärung

Frage 33 von 35

1

GG Toys' online-selling depot warehouse will be automated.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 34 von 35

1

It is estimated that by creating an automated depot warehouse to package online orders, orders can be completed and sent out one hour earlier.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Frage 35 von 35

1

GG Toys are planning to open their new online-selling depot warehouse in Bowton in order to provide jobs to unskilled workers.

Wähle eins der folgenden:

  • WAHR
  • FALSCH

Erklärung

Vorherige
Antwort prüfen
Nächste