Quelpr
9 marksMarketing Research

CAPE Management of Business Unit 2 · 2007 · Paper 2 · Question 5(f)

Discuss THREE main reasons why it would be important for Sandy and Shelley to conduct market research before embarking on their new business venture.

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

  1. 5(a)Explain what is meant by a 'partnership'.[2 marks]
  2. 5(b)Suggest to Sandy and Shelley, FIVE main provisions that they could include in their partnership deed.[5 marks]
  3. 5(c)Outline TWO disadvantages of forming a partnership business.[4 marks]
  4. 5(d)Identify THREE major challenges that Sandy and Shelley may face as young entrepreneurs.[3 marks]
  5. 5(e)Outline ONE way in which market demand would affect S & S Enterprise.[2 marks]

More practice: the rest of this paper · more Marketing Research questions · all CAPE Management of Business Unit 2 past papers