DP Business Management Questionbank
4.5 The four Ps (product, price, promotion, place)
Description
[N/A]Directly related questions
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20N.1.SL.TZ0.2b:
Explain how knowledge of the product life cycle may have influenced DA’s product range.
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20N.2.SL.TZ0.2a:
Define the term price discrimination.
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20N.2.SL.TZ0.4b:
Explain two elements of U-Foods’ marketing mix other than price.
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20N.2.SL.TZ0.3c:
Explain one advantage and one disadvantage for BTO as a result of its use of social media.
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17M.1.SL.TZ0.1b:
With reference to Utopia, explain the role of promotion (line 6).
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17M.1.HL.TZ0.4b:
With reference to Utopia, explain two benefits of having a strong brand.
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17M.2.SL.TZ0.4c:
Given the intense competition, explain two pricing strategies SV might consider.
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17M.2.SL.TZ0.1a:
Define the term price skimming.
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17M.2.HL.TZ0.1a:
Describe one feature of a wholesaler.
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17M.2.HL.TZ0.4c:
Given the intense competition, explain two pricing strategies SV might consider.
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21M.1.SL.TZ0.4a:
Define the term social marketing.
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21M.2.SL.TZ0.2a:
Describe one step in the development of a brand.
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21M.2.SL.TZ0.5b:
With reference to Option 1, for KT, explain the relationship between the product life cycle, investment, profit and cash flow.
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21M.2.HL.TZ0.2d:
Explain one advantage to SSL from implementing the new promotional strategy.
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16N.2.HL.TZ0.4c:
Explain one advantage and one disadvantage for A4A of using a predatory pricing strategy.
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16N.2.SL.TZ0.1a:
Define the term loss leader pricing strategy.
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16N.2.SL.TZ0.1c:
Using the quantitative information in the table and your answers to part (b), comment on the impact of a loss leader pricing strategy on VG.
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16N.2.SL.TZ0.3c:
Explain the relationship between Rasen’s product life cycle and FC’s marketing mix.
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16N.2.SL.TZ0.3d:
Discuss the importance of branding for FC and for Rasen.
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17N.2.SL.TZ0.1a:
Describe one reason why brand loyalty would be important to PP.
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17N.1.SL.TZ0.3b:
Explain a suitable promotional mix that MSS might use to attract new students.
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17N.2.SL.TZ0.3c.ii:
Explain how DE’s innovation is an extension strategy.
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17N.2.SL.TZ0.3d:
With reference to DE, discuss the merits of small organizations compared to large organizations.
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17N.2.SL.TZ0.3c.i:
Using the table, construct a product position map/perception map for all four companies.
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17N.2.HL.TZ0.4d:
Using the Boston Consulting Group (BCG) matrix, discuss the two new tactics André is considering to ensure MM’s future success.
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16N.1.SL.TZ0.3a:
With reference to Medimatters, describe two features of batch production.
Refer to case study: Medimatters
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16N.1.SL.TZ0.2b:
Explain the factors influencing a suitable promotional strategy for the IBAT app.
Refer to case study: Medimatters
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18M.2.SL.TZ0.3a:
State two stages of the product life cycle.
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18M.2.SL.TZ0.3b:
Apply the Boston Consulting Group (BCG) matrix to JVS’s current product portfolio.
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18M.2.SL.TZ0.3d:
Recommend whether JVS should launch the new product, Izzless.
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21N.2.SL.TZ0.3b:
Construct a Boston Consulting Group (BCG) matrix for HP, identifying the correct segments for HP’s standard rooms and its HP+ upgraded rooms if Option 2 is chosen.
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21N.2.SL.TZ0.5d:
Discuss possible changes to any two elements of OS’s marketing mix.
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21N.2.HL.TZ0.4b:
Explain two benefits for SF of using social media marketing.
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21N.2.HL.TZ0.4a:
Define the term cost-plus (mark-up) pricing strategy.
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18N.2.SL.TZ0.3c.i:
Draw and label a product life cycle for Strutz’s No.5 jeans.
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18N.1.SL.TZ0.2b:
Refer to the As Fair As case study (SL/HL paper 1 Nov 2018).
With reference to AFA, explain the importance of branding.
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18N.2.HL.TZ0.4a:
Define the term brand loyalty.
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18N.2.SL.TZ0.4c:
Explain one method of above-the-line promotion and one method of below-the-line promotion that DH could use to raise consumer awareness that it is a socially responsible company.
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18N.2.SL.TZ0.3b.i:
Explain the importance to JS of brand value.
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18N.2.SL.TZ0.3b.ii:
Explain the importance to JS of brand loyalty.
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18N.2.SL.TZ0.3c.ii:
Explain the position of Strutz’s No.5 jeans on the product life cycle.
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18N.2.SL.TZ0.6:
With reference to an organization of your choice, examine the impact of innovation on promotional strategy.
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22M.2.SL.TZ0.4b:
With reference to RS, explain the importance of branding.
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22M.2.HL.TZ0.4c:
Explain one advantage and one disadvantage for BM of using a cost-plus (mark-up) pricing strategy.
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19M.2.HL.TZ0.3b:
Explain one positive and one negative impact of social media marketing on JP’s promotional strategy.
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19N.2.SL.TZ0.4a:
State two types of above-the-line promotion.
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19N.2.SL.TZ0.4c:
Explain two ways in which GR is able to offer rooms at a lower price than IF.
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19N.2.HL.TZ0.3b:
Explain one advantage and one disadvantage for CM of using a cost-plus (mark-up) pricing strategy.
Sub sections and their related questions
Product
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17N.2.SL.TZ0.1a:
Describe one reason why brand loyalty would be important to PP.
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17N.2.SL.TZ0.3c.i:
Using the table, construct a product position map/perception map for all four companies.
-
17N.2.SL.TZ0.3c.ii:
Explain how DE’s innovation is an extension strategy.
-
17N.2.SL.TZ0.3d:
With reference to DE, discuss the merits of small organizations compared to large organizations.
-
17N.2.HL.TZ0.4d:
Using the Boston Consulting Group (BCG) matrix, discuss the two new tactics André is considering to ensure MM’s future success.
-
17M.1.HL.TZ0.4b:
With reference to Utopia, explain two benefits of having a strong brand.
-
16N.2.SL.TZ0.3c:
Explain the relationship between Rasen’s product life cycle and FC’s marketing mix.
-
16N.2.SL.TZ0.3d:
Discuss the importance of branding for FC and for Rasen.
-
18M.2.SL.TZ0.3a:
State two stages of the product life cycle.
-
18M.2.SL.TZ0.3b:
Apply the Boston Consulting Group (BCG) matrix to JVS’s current product portfolio.
-
18M.2.SL.TZ0.3d:
Recommend whether JVS should launch the new product, Izzless.
-
18N.1.SL.TZ0.2b:
Refer to the As Fair As case study (SL/HL paper 1 Nov 2018).
With reference to AFA, explain the importance of branding.
-
18N.2.SL.TZ0.3b.i:
Explain the importance to JS of brand value.
-
18N.2.SL.TZ0.3b.ii:
Explain the importance to JS of brand loyalty.
-
18N.2.SL.TZ0.3c.i:
Draw and label a product life cycle for Strutz’s No.5 jeans.
-
18N.2.SL.TZ0.3c.ii:
Explain the position of Strutz’s No.5 jeans on the product life cycle.
-
18N.2.HL.TZ0.4a:
Define the term brand loyalty.
-
20N.1.SL.TZ0.2b:
Explain how knowledge of the product life cycle may have influenced DA’s product range.
-
21M.2.SL.TZ0.2a:
Describe one step in the development of a brand.
-
21M.2.SL.TZ0.5b:
With reference to Option 1, for KT, explain the relationship between the product life cycle, investment, profit and cash flow.
-
21N.2.SL.TZ0.3b:
Construct a Boston Consulting Group (BCG) matrix for HP, identifying the correct segments for HP’s standard rooms and its HP+ upgraded rooms if Option 2 is chosen.
-
22M.2.SL.TZ0.4b:
With reference to RS, explain the importance of branding.
Price
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17M.2.SL.TZ0.1a:
Define the term price skimming.
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17M.2.SL.TZ0.4c:
Given the intense competition, explain two pricing strategies SV might consider.
-
17M.2.HL.TZ0.4c:
Given the intense competition, explain two pricing strategies SV might consider.
-
16N.2.HL.TZ0.4c:
Explain one advantage and one disadvantage for A4A of using a predatory pricing strategy.
-
16N.2.SL.TZ0.1a:
Define the term loss leader pricing strategy.
-
16N.2.SL.TZ0.1c:
Using the quantitative information in the table and your answers to part (b), comment on the impact of a loss leader pricing strategy on VG.
-
19N.2.HL.TZ0.3b:
Explain one advantage and one disadvantage for CM of using a cost-plus (mark-up) pricing strategy.
-
20N.2.SL.TZ0.2a:
Define the term price discrimination.
-
21N.2.HL.TZ0.4a:
Define the term cost-plus (mark-up) pricing strategy.
-
22M.2.HL.TZ0.4c:
Explain one advantage and one disadvantage for BM of using a cost-plus (mark-up) pricing strategy.
Promotion
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17N.1.SL.TZ0.3b:
Explain a suitable promotional mix that MSS might use to attract new students.
-
17M.1.SL.TZ0.1b:
With reference to Utopia, explain the role of promotion (line 6).
-
16N.1.SL.TZ0.2b:
Explain the factors influencing a suitable promotional strategy for the IBAT app.
Refer to case study: Medimatters
-
16N.1.SL.TZ0.3a:
With reference to Medimatters, describe two features of batch production.
Refer to case study: Medimatters
-
18N.2.SL.TZ0.4c:
Explain one method of above-the-line promotion and one method of below-the-line promotion that DH could use to raise consumer awareness that it is a socially responsible company.
-
18N.2.SL.TZ0.6:
With reference to an organization of your choice, examine the impact of innovation on promotional strategy.
-
19M.2.HL.TZ0.3b:
Explain one positive and one negative impact of social media marketing on JP’s promotional strategy.
-
19N.2.SL.TZ0.4a:
State two types of above-the-line promotion.
-
20N.2.SL.TZ0.3c:
Explain one advantage and one disadvantage for BTO as a result of its use of social media.
-
21M.1.SL.TZ0.4a:
Define the term social marketing.
-
21M.2.HL.TZ0.2d:
Explain one advantage to SSL from implementing the new promotional strategy.
-
21N.2.HL.TZ0.4b:
Explain two benefits for SF of using social media marketing.
Place
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17M.2.HL.TZ0.1a:
Describe one feature of a wholesaler.