Business 0450 · IGCSE · Marketing mix

Marketing mix — practice question

(a)[8]

Identify and explain one benefit and one cost to MF of developing the new product.

(b)[12]

Consider how the following three elements of the marketing mix could support the success of the new product. Which do you think is the most important element in ensuring the new product succeeds? Justify your answer. Price: Place: Promotion: Conclusion:

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