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ScotlandBusiness ManagementQuick questions

Management of Marketing and Operations

Quick questions on The marketing mix: product, price, place, promotion - SQA National 5 Business Management

4short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is the product life cycle?
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Every product passes through stages of sales over time, called the product life cycle.
What is q1?
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Name the four elements of the marketing mix. [2 marks]
What is q2?
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Describe two stages of the product life cycle. [2 marks]
What is q3?
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Outline one benefit to a business of a strong brand. [2 marks]

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