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Why can an online business accept lower prices than a high-street shop?

A

A website avoids major production, material and delivery costs, so lower prices can still cover costs.

B

A website receives major tax, interest and insurance discounts, so lower prices can still cover costs.

C

A website removes major stock, packaging and postage costs, so lower prices can still cover costs.

D

A website avoids major rent, staff and lighting costs, so lower prices can still cover costs.

Card 1 of 20

1.4.3c Impact of technology on the marketing mix Flashcards

  1. GCSE
  2. /Business
  3. /1.4.3c Impact of technology on the marketing mix

20 flashcards on Edexcel GCSE Business 1.4.3c Impact of technology on the marketing mix: the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2.

Flashcards