Which two of the following might help Nick to increase sales volume?
Select two answers - Edexcel - GCSE Business - Question 5 - 2016 - Paper 1
Question 5
Which two of the following might help Nick to increase sales volume?
Select two answers.
A. Increase spending on marketing
B. Employ fewer production staff
C. Failu... show full transcript
Worked Solution & Example Answer:Which two of the following might help Nick to increase sales volume?
Select two answers - Edexcel - GCSE Business - Question 5 - 2016 - Paper 1
Step 1
A. Increase spending on marketing
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Answer
Increasing spending on marketing can elevate brand visibility and attract more customers, directly contributing to increased sales volume.
Step 2
C. Failure of a competitor
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Answer
The failure of a competitor can create an opportunity for Nick to capture their market share, leading to a rise in sales volume.
