CSEC Principles of Business · May/June 2011 · Paper 2 · Question 4(b)
State FOUR reasons for conducting market research.
The mark scheme is shown once you've answered.
Practise this questionOther parts of this question
- 4(a)Distinguish between the terms 'market' and 'marketing'.[4 marks]
- 4(c)(i)Define the term 'monopoly'.[2 marks]
- 4(c)(ii)State TWO features of monopolistic competition.[4 marks]
- 4(d)(i)Discuss ONE potential problem related to the distribution of goods locally.[3 marks]
- 4(d)(ii)Discuss ONE potential problem related to the distribution of goods internationally.[3 marks]
More practice: the rest of this paper · more Market Concepts and the Marketing Mix questions · all CSEC Principles of Business past papers