business 0.0 / 5 ? Business StudiesMarketing mixGCSEEdexcel Created by: rhiannon bennettCreated on: 25-04-18 10:10 Efficiency is about making the best possible use of resources. 1 of 5 production is the total amount made by a business in a given time 2 of 5 productivity measures how much each employee makes over a period of time. 3 of 5 Reducing overheads such as administration, eg making some support staff redundant. Customer service may suffer as a result of this. 4 of 5 The marketing mix is the combination of product, price, place and promotion for any business venture. 5 of 5
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