Business 0450 · IGCSE · Market research

Market research — practice question

(a)[8]

Explain two advantages and two disadvantages to LB of using primary market research.

(b)[12]

Assess the strengths and weaknesses of the two ways LB could use to distribute its new product range in country X. Which channel of distribution should LB use? Justify your answer. Supplying specialist retail shops. Selling directly to customers through LB’s website.

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