Business Studies Multiple Choice Question – 14 October 2017

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Business Studies

Attempts to prevent the sales of a product from declining are called?

Select ONE answer:

  1. Extrapolation strategies
  2. Extension strategies
  3. Expulsion strategies
  4. Extensive strategies
  5. Excellent strategies

Give THREE example of this strategy you have seen recently:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS5 classes.

The answer is 2 – An extension strategy is a practice used by businesses to increase the market share for a given product or service in order to keep it in the maturity phase of the marketing product lifecycle rather than see it going into decline.

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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