Daily Practice

GCSE Business

11th October 2015

5 questions · GCSE · 503 questions in this band

1
Product and the product life cycle
During which stage of the product life cycle are sales typically at their highest?
2
Pricing strategies
A product costs 12 pounds to make and the business wants a 25% markup. Calculate the selling price.
3
Promotion
Why must promotion be consistent with the rest of the marketing mix?
4
Place and distribution
Why might a business use both a website and physical stores rather than just one?
5
The Design Mix: Function, Aesthetics and Cost
Give one example of an aesthetic feature of a product.

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