7 (a) Give one element of the marketing mix - Edexcel - GCSE Business - Question 7 - 2021 - Paper 1
Question 7
7 (a) Give one element of the marketing mix.
(1)
Figure 6 shows the ASOS share price over time.
(b) Using the information in Figure 6, identify the year when the ... show full transcript
Worked Solution & Example Answer:7 (a) Give one element of the marketing mix - Edexcel - GCSE Business - Question 7 - 2021 - Paper 1
Step 1
Give one element of the marketing mix.
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Answer
One element of the marketing mix is Promotion. This involves the various methods used by a business to communicate with its customers and inform them about products or services.
Step 2
Using the information in Figure 6, identify the year when the ASOS share price was higher than £70.
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Answer
The year when the ASOS share price was higher than £70 is 2018.