Business 0450 · IGCSE · Marketing, competition and the customer

Marketing, competition and the customer — practice question

(a)[8]

Identify and explain two ways in which a business plan might have helped Peter when he was setting up Value Gym.

(b)[12]

Consider the three marketing roles below in Peter’s business. Which one is the most important? Justify your answer. Identify customer needs. Satisfy customer needs. Build customer relationships. Conclusion.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: To raise finance from a bank/other investors/government grants

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