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BTEC Enterprise exam with precise detailed answers

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BTEC Enterprise exam with precise detailed answers

Institution
BTEC
Course
BTEC

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BTEC Enterprise exam with precise detailed answers
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What are the 4 sections of market segmentation? - ✔✔Geographic (weather, customs,
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location)

Demographic (age, gender, income, ethnicity, social class, family size, religion)
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Psychographic (lifestyle, personality, attitudes, likes and dislikes, values, social class)
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Behavioural (readiness to purchase, rate of usage, benefits and features, loyalty)
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What are 2 advantages of market segmentation? - ✔✔The business can meet customer
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needs because you know what they like
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The business is able to choose the correct promotion method, saves money
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Why is market segmentation used? - ✔✔It is used by a business to find the correct
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customers for its products || || ||




What is an advantage and a disadvantage of B2C selling? - ✔✔+ The business is able to
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target the customers and persuade them
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- Only be selling small quantities
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What is an advantage and a disadvantage of B2B selling? - ✔✔+ The business will get
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products for cheaper as they will buy products in bulk
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The business you are selling to may no longer want the ordered products
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What is B2B and B2C selling? - ✔✔B2B selling is a business selling to another business
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B2C selling is a business selling to a customer
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, 2


What are 3 types of direct marketing? - ✔✔Post
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Digital marketing ||




Telemarketing



What are 3 things you need to know about your customers for direct marketing? -
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✔✔Phone number ||




Address

Name of customer
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What are the 5 types of promotional mix? - ✔✔Public relations
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Advertising

Sales promotion
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Personal selling ||




Direct marketing
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What is promotion used to do? - ✔✔Remind, inform, and persuade (RIP)
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What are the 4 types of advertising? - ✔✔Moving image
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Print

Ambient

Audio



What are 4 factors a business will need to consider when choosing a promotion? -
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✔✔Budget

Business size ||




Type of product/service
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Expert knowledge ||

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Institution
BTEC
Course
BTEC

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Uploaded on
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