Daily Practice

GCSE Business

15th May 2026

5 questions · GCSE · 503 questions in this band

1
Product and the product life cycle
Name the four stages of the product life cycle in order.
2
Pricing strategies
Which pricing strategy involves setting a low price to enter a market and quickly build market share?
3
Promotion
What is the difference between above the line and below the line promotion?
4
Place and distribution
What is a direct distribution channel?
5
The Design Mix: Function, Aesthetics and Cost
True or false: the correct balance of the design mix is the same for every product.

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