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The managers of a multi product business want to achieve a steady growth In sales. To what extent will an understanding of product life cycle help them make effective marketing decisions?

intro (define product life cycle) - The product life cycle describes the stages a product goes through from when it was first thought of until it is finally removed from the market. Some products don't reach...
DH
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What is the significance to a business of identifying a gap in the market?

By a business successfully identifying a gap in the market this allows for the market to be segmented and for an organisation to correctly position themselves against rival competitors. Therefore, this resul...
JL
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What are the benefits of studying Business Studies?

For a long time, the richest men and women in the world have mainly been entrepreneurs and if business is that rewarding, why doesn't everyone just do it? This thought has come to many of us who are studying...
AY
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Analyse how delayering might affect the level of profit of a business

Delayering is the process of removing hierarchical layers from an organisation. This process tends to lead to a wider span of control for managers which may provide some motivational stimulus as they perceiv...
Answered by • Business Studies tutor
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Evaluate the extent to which it is possible to control the actions of multinational companies.

Answer must be balanced. (marks split into 2K, 4AP, 6AN, 8EV) K- Definitions (i.e MNC )AP- real world -joint ventures in Asia (foreign companies not allowed to own property) -pressure groups (Primark and fac...
SA
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