Business 0450 · IGCSE · Marketing mix

Marketing mix — practice question

(a)[8]

Explain four characteristics that a successful entrepreneur may display.

(b)[12]

Using Appendix 1 together with the other information, consider the advantages and disadvantages to RF of the following two promotion methods. Which method should Santhosh use to attract customers to RF? Justify your answer. • 10% discount on the first purchase made by a customer • Free delivery on every product bought

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Self-confident - can persuade investors to supply finance

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