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Pearson Edexcel GCSE (9-1) Business practice

Which of the following is a direct benefit of using a market map for a business looking to launch a new product?

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At a glance

MCQ

Type

practice

Style

Topic

Spotting a business opportunity

Exam-style question

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Which of the following is a direct benefit of using a market map for a business looking to launch a new product?.

  1. A.It guarantees that the new product will be profitable.
  2. B.It helps to understand where the product can be uniquely positioned to meet unmet customer needs.
  3. C.It eliminates the need for any further market research.
  4. D.It calculates the exact production costs for the new product.

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Which of the following is a direct benefit of using a market map for a business looking to launch a new product? | Edexcel Business | ExamCompanion