Edexcel GCSE Business 2.2.2 Marketing Mix: Price

Quiz
•
Business
•
10th - 11th Grade
•
Medium
Clare Foster
Used 52+ times
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of product sold is known as
profit
sales revenue
sales volume
variable costs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Businesses can increase sales volume by
raising the price
cutting the price
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a low margin, high volume retailer?
4.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
What is the maximum you would spend on a drink in a cafe?
less than £2- Its mostly hot water
£2-£3
£4
£5+
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What are the features of a mass market?
High levels of competition
High prices
Low prices
High levels of consumption
6.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
A market which caters to a small number of customers with very specific tastes is able to charge higher prices for their products. This is known as a .......market
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Businesses in a niche market are likely to have
Low profit margins
High profit margins
8.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
Do you ever use price comparison apps or check prices on the internet before buying a product in a store?
Yes all the time
Sometimes
Never
Similar Resources on Wayground
10 questions
ESB 2.2

Quiz
•
9th - 12th Grade
10 questions
Pricing Strategies and Concepts

Quiz
•
9th - 12th Grade
10 questions
Sam Walton and the Rise of Walmart

Quiz
•
9th - 12th Grade
13 questions
1.5.4 - The economy and businesses

Quiz
•
9th - 10th Grade
10 questions
Marketing Mix and Financial Essentials Quiz

Quiz
•
9th - 12th Grade
11 questions
Marketing Mix: Product Edexcel GCSE Business 2.2.1

Quiz
•
10th - 11th Grade
10 questions
Economic Indicators

Quiz
•
10th Grade
10 questions
Mass and Niche Marketing

Quiz
•
9th - 12th Grade
Popular Resources on Wayground
55 questions
CHS Student Handbook 25-26

Quiz
•
9th Grade
10 questions
Afterschool Activities & Sports

Quiz
•
6th - 8th Grade
15 questions
PRIDE

Quiz
•
6th - 8th Grade
15 questions
Cool Tool:Chromebook

Quiz
•
6th - 8th Grade
10 questions
Lab Safety Procedures and Guidelines

Interactive video
•
6th - 10th Grade
10 questions
Nouns, nouns, nouns

Quiz
•
3rd Grade
20 questions
Bullying

Quiz
•
7th Grade
18 questions
7SS - 30a - Budgeting

Quiz
•
6th - 8th Grade