Study

Y9 Business Studies

  •   0%
  •  0     0     0

  • Correctly spell the word that is used to describe a business person beginning with E
    Entrepreneur
  • Give both ways in which a business can be innovative
    Product Innovation and Process Innovation
  • Give a type of direct selling
    Face to face selling, telephone calls, texts, emails,
  • Why is social media a good promotional method for businesses
    Cheap, easy to use, can be seen by lots of customers, easy to set up
  • What does Public Relations mean?
    The way in which the consumer views a company. Making sure that the perception is good overall.
  • What does USP stand for?
    Unique selling point
  • What is a skills audit?
    A way to check our own skills and see any improvements to be made
  • A word used to describe when a brand wants to stand out from their competitor using their logo, designs and products
    Differentiation
  • Give a reason why a business might fail
    Not meeting customer needs, poor money management, lack of customers/sales, poor promotion, poor quality products
  • This promotional method is very expensive, and is usually seen by millions
    TV Advert
  • An advertising method that can only be heard, has jingles and is short.
    Radio advert
  • GIve all of the 4 P's
    Price, place, Product and Promotion
  • Give all of the printed methods of advertising
    Posters, Flyers, Billboards
  • A word used to describe when a company will price a product ever so slightly higher than a competitor
    Skimming
  • Give any example of a sales promotion
    BOGOF, loyalty card, money off discounts,
  • Give the term used when a famous person will help to sell a product.
    Celebrity endorsement
  • Give one of the 5 characteristics in Brand Personality
    Rugged, Sophisticated, Competent, Exciting, Sincere