Daily Practice

GCSE Business

9th August 2024

5 questions · GCSE · 503 questions in this band

1
E-commerce and Digital Marketing for Business
State one benefit of e-commerce over selling in a physical shop.
2
Interest Rates, Inflation and Unemployment: Effects on Business
Explain one effect of a rise in interest rates on a business with a variable-rate loan.
3
Exchange Rate Fluctuations and Business Competitiveness
Using the same order, if the pound then depreciates to 1 pound = 1.00 euro, calculate the new cost in pounds and state whether the importer is better or worse off.
4
Market research and segmentation
What is the difference between primary and secondary market research?
5
Interpreting and Analysing Market Research Data
Why might data collected five years ago be less reliable for a current marketing decision than data collected this year?

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