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Variation in turnover in different types of business. - SS2 Commerce Past Questions and Answers - page 1

1

Which type of business is more likely to experience higher turnover?

 

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A

Service-based businesses

 

B

Retail businesses

 

C

Manufacturing businesses

 

2

What primarily drives turnover in retail businesses?

 

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A

Efficiency of operations

 

B

Consumer demand and purchasing behavior

 

C

Volume of goods sold to retailers

 

3

Which type of business tends to have relatively stable turnover?

 

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A

Retail businesses

 

B

Service-based businesses 

 

C

Manufacturing businesses

 

4

What drives turnover in e-commerce businesses?

 

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A

Size of the customer base

 

B

Online visibility

 

C

Efficiency of operations

 

5

What plays a significant role in determining turnover in wholesale businesses?

 

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A

Volume of goods sold to retailers

 

 

B

Consumer demand and purchasing behavior

 

C

Provision of services

 

6

Name one factor that can significantly influence turnover in service-based businesses.

 

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7

Explain how online visibility can impact turnover in e-commerce businesses.

 

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