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Daily Practice

GCSE Business

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18th January 2025

5 questions · GCSE · 503 questions in this band

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  1. 1
    The marketing mix

    A business cuts its price significantly. Give one other element of the mix it may also need to change, and why.

  2. 2
    Product and the product life cycle

    Give one reason a fashion product might have a shorter product life cycle than a household appliance.

  3. 3
    Pricing strategies

    A product costs 12 pounds to make and the business wants a 25% markup. Calculate the selling price.

  4. 4
    Promotion

    Give one example of a sales promotion technique.

  5. 5
    Place and distribution

    What is a wholesaler?

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