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5.4.1 Pricing methods

Why is price the only marketing-mix element that brings money into the business?

A

Product, promotion and price add to the business's costs; place creates revenue.

B

Product, promotion and place add to the business's costs; price creates revenue.

C

Product, price and place add to the business's costs; promotion creates revenue.

D

Product, promotion and place create revenue; price adds to the business's costs.

5.4.1 Pricing methods Flashcards

  1. GCSE
  2. /Business
  3. /5.4.1 Pricing methods

Flashcards for AQA GCSE Business 5.4.1 Pricing methods, covering the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2. 20 cards, matched to the AQA GCSE Business (8132) specification. Recall questions account for roughly 35% of marks at GCSE Business, so these target the marks you can secure before the paper starts.

Flashcards