A business has rising sales revenue but very low net profit. What should a manager investigate first?
Whether cost of sales or operating expenses are absorbing the revenue
Whether social-media followers regularly purchase the business's high-margin products
Whether every employee prefers flexible working
Whether competitors use the same legal structure
37 exam-style questions on Edexcel GCSE Business 2.4 Making financial decisions, covering 2.4.1a Gross and net profit, 2.4.1b Margins and average rate of return, 2.4.2a Using quantitative business data, 2.4.2b Financial information: understanding performance, and 2.4.2c Financial information: making business decisions. Each one has a worked solution and a mark scheme showing where the marks go.