Daily Practice

GCSE Business

7th November 2021

5 questions · GCSE · 503 questions in this band

1
The marketing mix
State one decision a business makes under 'Place'.
2
Product and the product life cycle
Why is cash flow often negative during the introduction stage?
3
Pricing strategies
A product costs 12 pounds to make and the business wants a 25% markup. Calculate the selling price.
4
Promotion
Give one advantage of digital promotion over traditional above the line advertising.
5
Place and distribution
State one disadvantage of a direct distribution channel.

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