REVISION Y8 Entr

The four Ps of marketing are the key factors that are involved in the marketing of a good or service. They are...

• product, price, place, and promotion

• product, price, place, and politics

• product, price, consumers, and promotion

• product, price, place, and investors

A form of advertising. Choose the incorrect one.

• Television

• Radio

• Bill boards

• Suppliers

•Common channels used to distribute products to customers are: Choose the incorrect one.

• producers

• retailers

• E-trailers

• A-trailers

Production is when individual products are made one at a time to meet specific customer preferences

• Batch production

• Job production

• Flow production

• Mass production

Production involves continuously making identical products.

• Flow production

• Batch production

• Job production

• Mass production

The largest amount of stock a business can store on site.

• Minimum stock level

• Lead time

• Traditional stock control

• Maximum stock level

A process of carrying out quality checks at specific stages during the production process.

• Quality

• Quality control

• Quality assurance

• Quality outcome

An External factor that effect a business. Choose the incorrect one.

• Economy

• Technology

• Globalization

• Consumers

A stakeholder is...

• •A person, group of people or other organisation that has an interest in the activities of a business.

• A person, group of people or other organisation that has no interest in the activities of a business.

• A person, group of people or other organisation that invests in a business.

• A person, group of people or other organisation that has an interest in the community.

Payment methods...(Choose incorrect one)

• Code

• Mobile wallets

• contact less payments

• Trade