Daily Practice

GCSE Business

1st May 2024

5 questions · GCSE · 503 questions in this band

1
Place and distribution
Give one cost e-commerce can reduce for a small business compared with running physical stores.
2
The Design Mix: Function, Aesthetics and Cost
State one reason a business selling in a highly price-sensitive, budget market might deliberately limit a product's aesthetics.
3
Branding and Its Role in Marketing
What is brand loyalty?
4
Extension Strategies and the Product Portfolio
What is an extension strategy?
5
Production processes: job, batch and flow
A business making 500,000 identical plastic bottles a day has total costs of 60,000 pounds a day. Calculate the unit cost.

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