Search over 10,000 free study notes
Over a million students use our free study notes to help them with their homework
Top answers
What are the 4Ps in Marketing?
The 4Ps is a model to help businesses with their marketing to make sure it is meeting the customers needs. It's also called the marketing mix. The first P is price, so within this is the different pricing me...
RF
Answered by
Rosie F.
•
Business Studies tutor
2699 Views
Explain the importance of a Unique Selling Point (USP) to a business
Define USP- A feature or characteristic of a product that differentiates it from other similar products. It gives a business a competitive advantage and it distinguishes the brand over others. Allows busines...
JP
Answered by
Jaimini P.
•
Business Studies tutor
2889 Views
What is a stakeholder? Identify two stakeholders and there role in a business.
A stakeholder is someone who has an interest in a specific business and is affected by a businesses actions. One type of stakeholder is a shareholder - a shareholder is an individual or institution that lega...
HF
Answered by
Harry F.
•
Business Studies tutor
2760 Views
Explain what cash flow is and highlight how it is different from profit.
Cashflow is the movement of money in and out of the business. Cash inflows mostly comes from the money that the business earns from selling goods or services. Cash outflows are all its payments, which could ...
Answered by
•
Business Studies tutor
2714 Views
Discuss the advantages and disadvantages of having a strong brand image
One benefit of having a strong brand image is that the company can gain a competitive advantage within the market. This can allow them to gain and maintain a high market share as their business is seen as re...
CR
Answered by
Charlotte R.
•
Business Studies tutor
16116 Views
←
3
4
5
6
7
→