Daily Practice

GCSE Business

22nd December 2018

5 questions · GCSE · 503 questions in this band

1
Product and the product life cycle
What shape does a typical product life cycle sales graph take?
2
Pricing strategies
A product costs 12 pounds to make and the business wants a 25% markup. Calculate the selling price.
3
Promotion
State one risk of using frequent sales promotions such as heavy discounting.
4
Place and distribution
What does 'omnichannel distribution' mean?
5
The Design Mix: Function, Aesthetics and Cost
A product for a safety-critical use, such as a car brake pad, should prioritise which element of the design mix, and why?

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