Daily Practice
GCSE Business
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27th July 2024
- 1Product and the product life cycle
What shape does a typical product life cycle sales graph take?
- 2Pricing strategies
What is a loss leader?
- 3Promotion
State one risk of using frequent sales promotions such as heavy discounting.
- 4Place and distribution
What does 'omnichannel distribution' mean?
- 5The 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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