Business 7115 · O Level · Market research

Market research — practice question

(a)[8]

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

(b)[12]

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

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Keeps the business informed about the latest trends in bathroom products

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