Business Grade 11 Marketing

What is the 4 p's of marketing?

(a)  

what is the first stage of the business life cycle?

• Seed

• Start-up

• Growth

• beginning

What are the 4 business evaluation criteria?

• Effectiveness, Efficiency, Competitiveness, Stakeholder satisfaction

• Effectiveness, Efficiency, Competitiveness, Legal Position

• Effectiveness, Efficiency, Price, Stakeholder satisfaction

• Viability, Efficiency, Competitiveness, Stakeholder satisfaction

what are the four elements of the internal environment of a business

• Management. Employees, Organizational Culture, Organizational structure

• Legal. Employees, Organizational Culture, Organizational structure

• Management. Employees, Organizational Culture, Structure

• Management. Customers, Organizational Culture, Legal

What are the four elements of the external environment of a business?

• Customers, Legal Action, Suppliers, Interest Groups

• Stakeholders, Competitors, Suppliers, Interest Groups

• Customers, Competitors, Stakeholders, Interest Groups

• Customers, Competitors, Suppliers, Interest Groups

What is Differentiation?

• The difference in products between businesses

• The difference in brand name

• the difference of the companies slogan

• the difference in location

What is place?

• The location of the business that has an effect on the sales of a business.

• the place

• the place where the product is stored

• where the product was made

What is Price ( 4 p's of marketing)?

• How much the product costs?

• how effective the product is?

• how advanced is the product?

• the products size?