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Card 16

Front

Explain why retail is an important aspect of the marketing mix.

Back

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Card 17

Front

What is meant by the term 'premium price'.

Back

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Card 18

Front

Explain one reason why a business might charge a premium price for its product.(finish answer)

Back

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Card 19

Front

Describe how a business might benefit from carrying out effective promotion. (finish answer)

Back

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Card 20

Front

Explain one benefit of research and development such as Marks and Spencers. (finish answer)

Back

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Card 21

Front

Explain one benefit for a business of producing high-quality products.

Back

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Card 22

Front

What is meant by the term 'competitiveness'

Back

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Card 23

Front

Explain one benefit to Sony of improving its productivity.

Back

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Card 24

Front

Identify two consumer protection laws that a business will have to adhere to.

Back

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Card 25

Front

Benefits of a business adhering to consumer protection laws.

Back

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