Exam Practice. Sample question 1 8 marks – needs a conclusion – case study on next slide.

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Presentation transcript:

Exam Practice

Sample question 1 8 marks – needs a conclusion – case study on next slide

The case study you need for Question 1

Salt pipes?

Business terminology to use when answering question 1 Online retailing Fixed costs Overheads Fast growth Technical problems Business model

Answer question 1

Sample question 2 2 marks - no context required just demonstrate your knowledge with a correct definition

Answer question 2

Sample question 3 4 marks – context required – case study on next slide Knowledge 1 mark Application 2 marks Analysis 1 mark Context is worth half the marks!

The case study you need for Question 3

Console game market

Answer question 3

Sample question 4 4 marks – context required – case study on next slide Knowledge 1 mark Application 2 marks Analysis 1 mark

The case study you need for Question 4

Vi Spring

Answer question 4

Sample question 5

Perry Court Farm

Business terminology to use when answering question 5 Product mix Market research Dynamic Method of production

Answer to question 5

How to level a 10 mark question

Glossary Dynamic market; a market that is constantly changing to suit customers needs and wants Market share; the % of a market that a business, product or service has Market size; measured by volume of sales or value Niche market; a subset of a normal market that caters for specific consumer needs and wants Mass market; products or services that are sold or advertised to everyone at the same time in the same way

Revision Video