2024

Cards (12)

  • element of design mix
    aesthetics
  • trade bloc Definition
    a group of countries that trade freely between themselves
  • Explain one reason why a business might increase its product range
    it may attract more customers. This is because it meets different specific customer needs.therefore,the business will be able to make more sales.
  • explain one advantage to a business of using just-in-time control system
    The business can hold less stock . Therefore,the business doesn't have to incur the cost of warehousing stock.as a result,it will have better net-cash flow
  • documents sent to a person when applying for a job
    -application form
    -CV
  • stages in the sales process
    -customer engagement
    -product knowledge
  • Explain one method a business could use to improve the quality of its product
    The business could use quality assurance. Therefore, every single worker has a responsibility to ensure that the product is made correctly. As a result,it is less likely that faults products will leave the production line.
  • Explain one disadvantage to a business of having a flat organisational structure.
    Employees may not have any self-discipline. Therefore,they may exploit the lack of supervision.as a result the productivity falls
  • An element of the marketing mix that relates to the distribution of a product to the consumer
    -Place
  • Explain one reason a business may use sponsorship to promote a product
    it gives the product a greater level of awareness. Therefore, customers may be more tempted to try the product. As a result, there would be an increase in sales.
  • Explainpr one disadvantage to a business of using remote working
    -Purchasing computer equipment and broadband access may be expensive.Therefore, the businesses' costs may increase.This may then lead to a fall in profit.
  • Discuss the benefits to a business from reducing its environmental impact
    • It may reduce pressure group activity.
    • Therefore, the business will avoid negative media coverage. This may enhance the brand of the business.
    AND
    • It may add value to the business since the business can now charge a higher price for its products.
    • As a result, net profit margins may rise if the extra price charged exceed the additional costs of improving their environmental responsibility.