Business 0450 · IGCSE · Market research

Market research — practice question

(a)[8]

Explain four ways that market research information can support a business.

(b)[12]

Consider the two alternative ways TSE could obtain the raw materials for its factories. Which option should TSE choose? Justify your answer. • Head office in country P keeps buying the raw materials for every TSE factory • TSE’s factory managers in each country buy raw materials locally

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