11785094
Frage 1
Frage
Between what years were economic conditions for Bowton very difficult?
Antworten
-
2007 - 2010
-
2008 - 2011
-
2009 - 2012
Frage 2
Frage
Select the correct boxes showing how poor economic conditions affected the local people of Bowton and local businesses in 2011
Antworten
-
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
Frage 3
Frage
By 2010, Bowton experienced some growth in business activity and employment increased.
Antworten
- True
- False
Frage 4
Frage
The 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.
Antworten
-
7000
-
8000
-
6000
-
'Regeneration Plan'
-
'Renewal Plan'
-
'Rejuvenation Plan'
-
10 years
-
8 years
-
15 years
-
2012
-
2014
-
2011
-
grants
-
loans
Frage 5
Frage
Based on a research report published in 2014, the UK toy market is experiencing a growth in online sales of toys.
Antworten
- True
- False
Frage 6
Frage
Select all of the correct options describing Tom's Toys (Part 1):
Antworten
-
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.
Frage 7
Frage
Select all of the correct options describing Tom's Toys (Part 2):
Antworten
-
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.
Frage 8
Frage
Tom's cash flow forecast for January - April 2018 shows that his total income from sales will have decreased by £3900 in April.
Antworten
- True
- False
Frage 9
Frage
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.
Antworten
- True
- False
Frage 10
Frage
GG Toys produces items that could be sold at Tom's Toys shop, based on the product mix that Tom's Toys sells.
Antworten
- True
- False
Frage 11
Frage
Select all of the boxes containing items that GG Toys are known to produce:
Antworten
-
Train sets
-
Dolls
-
Puppets
-
Board games
-
Construction models
-
Action figures
-
Online games
Frage 12
Frage
GG Toys moved production of its toys to India in 2010.
Antworten
- True
- False
Frage 13
Frage
The marketing department for GG Toys is based in Bowton.
Antworten
- True
- False
Frage 14
Frage
Which group of workers experienced job losses when GG Toys moved production to China?
Antworten
-
Medium-skilled production workers
-
Production workers
-
Low/unskilled production workers
Frage 15
Frage
Where do GG Toys sell their products? Select all options that apply.
Antworten
-
Specialist toy shops
-
Cafes
-
Large toy retailers
-
Charity shops
-
Supermarkets (chain)
-
Department stores
-
Online
Frage 16
Frage
What percentage of GG Toys products are exported to other EU countries?
Antworten
-
30%
-
40%
-
50%
-
60%
Frage 17
Frage
How long has 'Georgie Girl' been the best-selling toy for GG Toys?
Antworten
-
For 2 years
-
For 3 years
-
For 1 year
Frage 18
Frage
The Georgie Girl doll is produced in Bowton, since it is GG Toys' best selling item in the UK.
Antworten
- True
- False
Frage 19
Frage
Why did sales and production of the Georgie Girl doll increase by 120% in 2016?
Antworten
-
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
Frage 20
Frage
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.
Antworten
- True
- False
Frage 21
Frage
It cost £4.50 to produce a Georgie Girl doll in 2015 and £6.50 to produce a Georgie Girl doll in 2016.
Antworten
- True
- False
Frage 22
Frage
The promotion costs involved with producing one Georgie Girl doll stayed the same across 2015 - 2016.
Antworten
- True
- False
Frage 23
Frage
Apart from promotion costs, all of the other costs associated with producing one Georgie Girl doll increased in 2016.
Antworten
- True
- False
Frage 24
Frage
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.
Antworten
- True
- False
Frage 25
Frage
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.
Antworten
- True
- False
Frage 26
Frage
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.
Antworten
- True
- False
Frage 27
Frage
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.
Antworten
- True
- False
Frage 28
Frage
Select the option below that was also identified by the Financial Director as a potential problem for GG Toys in the future.
Antworten
-
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
Frage 29
Frage
Did GG Toys sales increase 8% per year between 2014 - 2016 or decrease 8% per year?
Antworten
-
Increase
-
Decrease
Frage 30
Frage
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:
Antworten
-
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
Frage 31
Frage
Where is the new online-selling depot warehouse going to be based?
Antworten
-
An industrial park in Bowton
-
An industrial park in China
-
An industrial park in India
Frage 32
Frage
How are GG toys planning to finance the new warehouse and robots?
Antworten
-
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.
Frage 33
Frage
GG Toys' online-selling depot warehouse will be automated.
Antworten
- True
- False
Frage 34
Frage
It is estimated that by creating an automated depot warehouse to package online orders, orders can be completed and sent out one hour earlier.
Antworten
- True
- False
Frage 35
Frage
GG Toys are planning to open their new online-selling depot warehouse in Bowton in order to provide jobs to unskilled workers.
Antworten
- True
- False
Möchten Sie mit GoConqr kostenlos Ihre eigenen Quiz erstellen? eigenen Mehr erfahren.