Business 7115 · O Level · Marketing mix

Marketing mix — practice question

(a)[8]

Identify and explain one benefit and one cost MF could face from developing the new product.

(b)[12]

Consider how these three elements of the marketing mix could contribute to the success of the new product. Which one do you judge to be the most important for the new product’s success? Justify your answer. Price Place Promotion

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Gives the product a USP

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