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Enterprise & Marketing R064

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Last updated almost 6 years ago
10 questions
Note from the author:
1
1
1
1
1
1
1
4
3
8
Aimed at OCR Cambridge Nationals for the R064 unit Enterprise and Marketing concepts
Question 1
1.

Question 2
2.

Question 3
3.

Question 4
4.

Question 5
5.

Question 6
6.

Question 7
7.

Question 8
8.

James owns and runs a butchers shop in the SW of England. The shop is facing competition from a large new supermarket on the edge of town.

James is considering forming a partnership with his sister Jacqueline, to try to compete with the supermarket.

a) Identify and explain two advantages of James forming a partnership with his sister.

Question 9
9.

James owns and runs a butchers shop in the SW of England. The shop is facing competition from a large new supermarket on the edge of town.

James is considering forming a partnership with his sister Jacqueline, to try to compete with the supermarket.

b) Identify three promotional methods James could use to attract and retain his customers.

Question 10
10.

James is considering using either the local newspaper or local radio station to advertise his butchers shop to help him compete against the new supermarket.

Reccomend which method of advertising you think James should use. Justify your answer. [8 marks]

Which of the following is an internal factor for a business?
Customer Needs
Increased taxation rates
New government legislation
Staffing Costs
A business breaks even at the level of output where:
total profits = total cost
fixed costs = total revenue
total revenue = total costs
variable costs = total revenue
Which of the following is an internal influence when develpoing a new product?
Staffing issues
Economic issues
Legal issues
Technological issues
Which of the following forms part of the marketing mix?
Cost
Advertising
Price
Resources
Which of the following are used when completing desk research?
Consumer Trials
Focus Groups
Individual Observations
Newspaper articles
Which of the following is not a functional area in an organisation?
Finance
Reception
Human Resources
Marketing
Samantha uses a questionnaire to gather information for her cafe. What type of market research is Samantha using?
Market segmentation
Primary research
Secondary research
Desk research