Business 0450 · IGCSE · Marketing mix

Marketing mix — practice question

(a)[8]

Explain two factors that make a new business more likely to fail than an established business.

(b)[12]

For CC’s new range of personalised mobile phone covers, look at these three parts of a suitable marketing mix. Justify which one is the most important. • Pricing method • Method of promotion • Place - distribution channel

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Insufficient finance causing cash-flow difficulties

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