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Which two of the following are elements of the marketing mix? Select two answers - Edexcel - GCSE Business - Question 2 - 2019 - Paper 1
Question 2
Which two of the following are elements of the marketing mix? Select two answers. A Payment B Planning C Price D Product E Profit Which two of the following a... show full transcript
Worked Solution & Example Answer:Which two of the following are elements of the marketing mix? Select two answers - Edexcel - GCSE Business - Question 2 - 2019 - Paper 1
Step 1
Which two of the following are elements of the marketing mix? Select two answers.
Answer
The two elements of the marketing mix from the provided options are:
- C Price: Price refers to the amount of money that customers must pay to obtain the product or service. It is a critical aspect of the marketing mix as it affects demand and profitability.
- D Product: Product refers to the goods or services that a business offers to its customers. It is essential to define what is being sold to satisfy customer needs and preferences.
Step 2
Which two of the following areas are covered by employment law? Select two answers.
Answer
The two areas covered by employment law from the provided options are:
- A Consumer rights: While primarily associated with the rights of consumers, there are overlaps with employment law in terms of fair treatment in the workplace.
- B Discrimination: Discrimination is explicitly covered by employment law, which ensures that employees are treated fairly and without bias based on characteristics such as race, gender, and age.