Unit 3 - Review - GCSE Business Studies

What is a benefit of buffer stock?

Select one method of reducing costs?

What is a tall structure?

Which of the following is a cash inflow?

What is meant about qualitative market research?

What is centralised structure?

What is meant by wages?

What is the second stage of the product life cycle?

What is meant by competitiveness?

Offering customers a free sample of a new product is an example of what?

What is a benefit of using JIT stock control?

What is the top level of maslows needs?

Which section of the boston matrix indicates a dying or failing product?

Identify an advantage of branding?

What can product trial lead to?

Methods to improve cash flow?

Which one of the following would most likely be considered as an example of marketing a product

What is meant by productivity?

Formula to calculate revenue?

What does an extension strategy do?

Identify the stage of the Product Life cycle when sales are going t be rapid?

What is quality control?

Which one of the following is a fringe benefit?

Which section of the Boston Matrix indicates an established product?

What is meant by repeat purchase?

What is meant by the term Premium Price?

What is the formula for profit?

Identify a barrier to effective communication

What is meant by a product trial?

What is a market segment?

Excessive business communication can lead to what?

What is meant by Buffer Stock?

What is an example of primary research?

Identify a benefit of following consumer protection laws?

Which of the following is an example of an extension strategy?

What is quality assurance?