Business Studies unit 1 retake A Level Edexcel (AS) 19th May 2016

i quite liked it!

What did you get for the sampling question, where it asked whether it was an opportunity cost, trade off, bias or test marketing

The answer for the YED question was -34

What did you get for the sampling question, where it asked whether it was an opportunity cost, trade off, bias or test marketing

yeah it's right!Bu

for the 20 marker i just said that online Bunches can increase their market size by distributing to different countries, however, the postage is a variable cost so they can't predict their cash out flow..etc etc

Then i said online they can tailor their approach to customers as it's direct producer to consumer blah blach

according to my business books, time as well as money are considered an opportunity cost, not a trade off.

What did you guys write for "How will social trends affect the distribution channels?"

What did you get for the sampling question, where it asked whether it was an opportunity cost, trade off, bias or test marketing

was it not a trade off because I'm pretty sure opportunity cost is what you could have done differently with the money? idk I put trade off but not 100%

How about the one that asked what does unemployment lead to and it gave the options of net profit, sales revenue, volume of sales and gross profit, I put net profits

i wasn't sure about that one either, i put sales volume because more of the population have a disposable income since less are unemployed. That could be wrong though. But very harsh as you would think that all of them would be a consequence of lower unemployment since people are spending...