consumers. what are the benefits to the consumer of a competitive market? by what means do...
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BUSINESS AND INDUSTRYConsumers
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KEY THOUGHTS..... What are the benefits to the consumer
of a competitive market? By what means do producers advertise
their products? How susceptible are we to this
advertising? Are sport and entertainment over-
commercialised?
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JAN 2012: ‘MY MOBILE IS AN IPHONE, I WEAR NIKE TRAINERS AND I ONLY DRINK COCA COLA.’
How important are brand names to consumers?
You might consider: the techniques companies use to target
consumers what influences consumer choices the values associated with brand names.
(30 marks)
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JUNE 2011: MOST MANUFACTURERS OF HI-TECH ELECTRONIC GOODS NOW HAVE OUTLETS FOR THEIR PRODUCTS IN HIGH-STREET STORES, SPECIALIST SHOPS, SUPERMARKETS AND ON THE INTERNET.
How far do you agree that competition benefits customers?
You might consider: why customers might choose to buy from
one company rather than another the long-term consequences of competition how much quality counts. (30 marks)
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JUNE 2010: IN 2008 CADBURY RELAUNCHED THE 1980’S CHOCOLATE BAR, WISPA, IN RESPONSE TO AN INTERNET-BASED CAMPAIGN BY CONSUMERS.
Discuss the extent to which consumers influence or are influenced by companies marketing techniques.
You might consider: the range of product choice the techniques companies use to market
their products whether company values reflect consumer
values. (30 marks)