Question Bank

Calculate the price elasticity of demand for Waves Watersports Ltd's jet ski if the company decides to lower its price from £12,000 to £10,000. (Show your workings).

Using both quantitative and qualitative data, assess the impact of the estimated changes in price on the sales revenue of Waves Watersports Ltd.

Using the data and calculations, assess the financial performance of the UK national fashion retail business.

Evaluate the usefulness of break-even analysis to a small business.

Assess the importance of cash flow management to a growing business.

To what extent is profitability the most important measure of business success?

Describe below-the-line promotional strategies that could be used by manufacturers of breakfast cereals in order to increase sales.

'Investing significantly in e-commerce (selling online) is essential to the success of all businesses.' Discuss.

Discuss the ways in which the Ansoff matrix might be useful to the Levi Roots brand.

Evaluate the effectiveness of social media marketing compared to traditional advertising methods.

Assess the importance of market research to a business launching a new product.

To what extent is price the most important element of the marketing mix?

With reference to your completed critical path analysis diagram, evaluate its usefulness to Lewis Construction Ltd.

Evaluate the advantages and disadvantages of lean production for a manufacturing business.

Assess the impact of technology on operations management in a business of your choice.

To what extent is quality management the most important aspect of operations for a service business?

Discuss the view that just-in-time production is always beneficial for businesses.

Describe the most suitable methods of training for job roles within the hotel industry.

'Effective training is the best way for businesses to improve the quality of their goods and services.' Discuss.

Evaluate the use of financial and non-financial methods of motivation.

Assess the importance of leadership style to the success of a business.

To what extent is Herzberg's two-factor theory the most useful motivational theory for managers?

Using Porter's Five Forces framework, analyse and evaluate the position of Dyson within the vacuum cleaner industry.

'Organic growth has been more important to Google than external growth.' Discuss.

Apart from legislation, evaluate the impact of internal and external causes of change on Google and its stakeholders.

To what extent will legal factors affect the operation of Google?

Evaluate the benefits and drawbacks of a business becoming a public limited company.

To what extent is diversification the best growth strategy for a large business?

Describe the purpose of a business plan for a start-up social enterprise.

'Small to medium sized enterprises have a greater impact on the UK when compared to large multinational businesses.' To what extent do you agree with this statement?

Evaluate the sources of finance available to a small business wanting to expand.

Assess the risks and rewards of entrepreneurship.

Explain the factors that have contributed to globalisation.

State what is meant by innovation and explain the ways in which Google has been innovative.

Evaluate the impact of economic factors on a business of your choice.

Assess the impact of ethical considerations on business decision-making.

To what extent is corporate social responsibility beneficial to a business?

Evaluate Costa Coffee's growth through the use of franchising.