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Cambridge IGCSE Business Studies practice

Paper 1 structured question: Marketing strategy

Try the question first, then check the answer and practise the same topic again.

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1

Paper

3

Marks

Topic

Marketing strategy

Exam-style question

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Paper 1Short Answer and Data Response3 marks

A business is exploring strategies for international expansion.

Description

Strategies for International Expansion

The business is considering joint ventures and licensing agreements to mitigate risks.

  1. a

    Explain the benefits of using joint ventures for international market entry.

    Aim for approximately 3 distinct marking points.

    [3]

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Paper 1 structured question: Marketing strategy

Paper 1Short Answer and Data Response1 marks

Description

International Market Entry Considerations

The company must evaluate the potential for growth, cultural differences, and knowledge gaps.

  1. a

    State one advantage of entering international markets.

    Aim for approximately 1 distinct marking point.

    [1]