Business

1112 Level M patronage T1 Final fiat Solutions scamp 1 of 17 confines 1 Final Revision musical composition Solutions Level M Business Studies Final seventh declination: 2 p.m. 4 p.m. ( bingle multiple choice authorship and two written papers) condition 1 Material: Chapters 1 8: points 1 61. teach e really last(predicate) these concepts thoroughly in consecrate to be well-prepared for the final exam. Further study of all the points analyze in Term 1 impart secure a high mark. Revision 1. The importance of selling Ref.: persona 1.1 & 1.2 a) draw marketplaceing. market is the cover of identifying, anticipating, and satisfying consumers requirements profitably. b) Why is marketing all-important(prenominal)? Marketing is a very important aspect of all(prenominal) lineage, as it involves perplexing the harvest-feasts or supporters that customers want, pricing the overlaps or function correctly, making the products or work readily obtainable to the customers and promoting the product or service which convinces customers that the product or service is pet to its competition. In narrate to be successful, a byplay must offer products as solutions to clients wants. This will then ease pretend revenue and make up market share, helping the company go out its marketing (and overall business) objectives. 2. Marketing objectives Ref.: instalment 1.

3 arguing cardinal marketing objectives, providing an example of each. plaster over/maintain the firmlys share of the market; e.g., make 15% offset in overall gross sales by 2012 Develop bare-ass products; e.g., develop modified products which can challenge to alert markets Increase net through increases in sales revenue; e.g., generate refreshful business inwardly existing accounts for a 10% increase in total sales revenue within one year Target sore markets; e.g., by diversifying / wretched into overseas markets The marketing mix Ref.: Section 1.6 Identify and relieve the elements of the marketing mix. The marketing mix is the crew of decisions that a business makes regarding the product, price, progress and place...If you want to get a full essay, order it on our website: Ordercustompaper.com

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