Sloanepeterson
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Started a thread as I cannot find anything on the unofficial mark scheme for the Unit 1 Developing New Business Ideas on the 19th May 2016. Edexcel.
Anyone got a copy? or we could compile one together...
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Bruce267099
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(Original post by Sloanepeterson)
Started a thread as I cannot find anything on the unofficial mark scheme for the Unit 1 Developing New Business Ideas on the 19th May 2016. Edexcel.
Anyone got a copy? or we could compile one together...
Define what is meant by a Marketing Strategy (2 Marks)

A marketing strategy describes the approach by which a business sets out in marketing their product. This can be a long term or short term strategy and it makes the foundation of marketing their business.

Think i posted for the wrong lol, thought it was the marketing and people paper.
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Gwoood
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I'm pretty sure the multiple choice for the opportunity cost and trade off question was trade off and the first question was 50% but thats all i can really remember hahaha think there was one which was competitive pricing too?
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Gwoood
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and what did you say for whether profit was a big motive for him?
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Sloanepeterson
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(Original post by Gwoood)
and what did you say for whether profit was a big motive for him?
I said initially no as he takes risks etc. may want to spend more time with family... but to an extent profit to fund his lifestyle. what about you?
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Gwoood
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I said it didn't seem that big of a motive due to his £3000 salary at one point and that he offers free classes for the schools so doesn't seem to play a big part but that it was a private limited company and their aim is generally to make money so it has to be considered definitely, do you remember any more questions ahahah
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Fox Corner
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(Original post by Sloanepeterson)
Started a thread as I cannot find anything on the unofficial mark scheme for the Unit 1 Developing New Business Ideas on the 19th May 2016. Edexcel.
Anyone got a copy? or we could compile one together...
Great idea to make one together! I've moved this to the Business Exams forum so you can get a greater discussion going
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