For the period 2010 to 2011, which of the following statements is true?
(A) The size of the total car market in each country did not change - HSC - SSCE Business Studies - Question 19 - 2012 - Paper 1
Question 19
For the period 2010 to 2011, which of the following statements is true?
(A) The size of the total car market in each country did not change.
(B) In Country A, both t... show full transcript
Worked Solution & Example Answer:For the period 2010 to 2011, which of the following statements is true?
(A) The size of the total car market in each country did not change - HSC - SSCE Business Studies - Question 19 - 2012 - Paper 1
Step 1
Evaluate Option (A)
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Answer
This option claims that the total car market in each country remained unchanged. To verify its accuracy, data from each country's car market should be analyzed. If any country saw a fluctuation in total sales, this statement becomes false.
Step 2
Evaluate Option (B)
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Answer
This option states that both the total car market and Star Car's market share increased in Country A. An increase in total car sales alongside an uptick in Star Car's market share would support this statement. However, verification of sales data is essential.
Step 3
Evaluate Option (C)
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Answer
According to this option, both the total car market and Star Car's market share in Country B did not change. Again, this would require confirmation from market data to ascertain.
Step 4
Evaluate Option (D)
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Answer
This option indicates that in Country C, the total car market increased while Star Car’s market share decreased. This is a plausible scenario and is confirmed as true according to the marking scheme.
