Business 7115 · O Level · Marketing strategy

Marketing strategy — practice question

(a)[8]

RRM is a small business. Identify and explain two reasons why RRM could stay small.

(b)[12]

Rafael believes he may be able to raise his sales by applying market segmentation. Examine the strengths and weaknesses of each of the following ways to segment the market. Recommend which method he ought to use. Justify your answer. Age: Income group: Gender: Recommendation:

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