logo

Cambridge IGCSE Business Studies practice

Which element of the marketing mix involves setting the right price for a product?

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

At a glance

MCQ

Type

cambridge_mcq

Style

Topic

Marketing strategy

Exam-style question

Try this first

Which element of the marketing mix involves setting the right price for a product?.

  1. A.Product
  2. B.Price
  3. C.Place
  4. D.Promotion

Answer and explanation

Attempt the question first, then reveal the model answer and explanation.

Common mistake

No common mistake is linked to this question yet.

Related flashcards

Flashcard 1 of 6

Press Space to flip, arrows to move

Related practice questions

Question 1 of 5

Choose an answer, get feedback, then move sideways through the set.

0 of 3 attempted

Paper 1 structured question: Marketing strategy

Paper 1Short Answer and Data Response4 marks

Description

Eco-Friendly Product Launch

The company plans to use sustainable materials and promote the product through social media campaigns targeting eco-conscious individuals.

  1. a

    Explain how the marketing mix elements can be utilized to effectively reach the target audience.

    Aim for approximately 4 distinct marking points.

    [4]