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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
2916 Views

Assess the consequences to a business, such as spirit airlines of selling tickets online

A positive consequence is that the cost of distribution is zero as Spirit airlines is not required to give commission to travel agents. This means that Spirit Airlines can reduce the prices of their fares wh...
VR
4354 Views

Should I always plan my essays during exams, even when there is not a lot of time available?

Firstly, you need to take into account that each person is different, and the only way for you to understand what works best for you is by practicing. However, there are a few things you can do that will def...
CS
1390 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
2780 Views

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
7644 Views