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Advantages: The business is cheaply and easily formed as there is no long legal process. Owner gets to keep all the profits. Owner gets to make all the decisions.* Close links with both employees and cust...
The four P's of the marketing mix are;Promotion - how the business provides information to customers about its product This may include advertising, social media campaigns, bra...
GCSE Business studies. Marketing mix and strategy.1) A company needs to consider the marketing mix in order to meet their consumers' needs effectively.The overall marketing mix creates a unique selling po...
Chains of analysis are essential with business questions - Point --> this means that --> as a result --> howeverStakeholders that could be discussed are employees, shareholders, owners, customers...
Crowd Funding is when a business uses an online platform in order to raise money from several small investments in exchange for small rewards like a T-shirt or a share in the business. Some advantages of ...
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