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Edexcel GCSE Business Topic 2.2 Making Marketing Decisions Flashcards | StudBud
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Edexcel GCSE Business Topic 2.2 Making Marketing Decisions
Edexcel GCSE Business Topic 2.2 Making Marketing Decisions
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Flashcards
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Questions
15
Answers
1
The product life cycle consists of six phases.
True
False
2
Which one is NOT a 'P' of the marketing mix?
Place
Production
Promotion
Promotion
3
Which technology-driven promotional tactic focuses on delivering personalised messages to specific audiences?
Billboards
Targeted advertising online
Television advertising
Radio advertising
4
Which promotional tactic aims to create a unique image or identity for a product or service?
Branding
Special offers
Product trials
Sponsorship
5
Which promotional tactic aims to encourage consumers to try a product or service for free or at a reduced price?
Special offers
Sponsorship
Product trials
Branding
6
Which of the following is NOT an influence on pricing strategies?
Product life cycle
Market segments
Weather conditions
Technology
7
What technology-driven promotional tactic relies on users sharing content across social media platforms?
Viral advertising via social media
Television advertising
Targeted advertising online
E-newsletters
8
What are the components of the design mix?
Function, aesthetics, cost
Function, durability, market demand
Durability, aesthetics, brand recognition
Aesthetics, market share, profitability
9
Which of the following is NOT a phase of the product life cycle?
Introduction
Expansion
Growth
Decline
10
How can each element of the marketing mix influence other elements?
Only price can influence other elements
They cannot influence each other
Each element operates independently
They are interrelated and impact one another
11
Businesses experience stable sales growth and widespread market acceptance in which phase of the product life cycle?
Introduction
Maturity
Decline
Growth
12
Retailers are intermediaries that sell products directly to consumers.
False
True
13
Which of the following is a method of distribution?
Marketing
Retailers
Branding
Pricing
14
What distribution method involves selling products through online platforms?
Indirect sales
Wholesale sales
E-commerce
Direct sales
15
Aesthetics in the design mix refer to usability, practicality, and performance.
False
True