Wednesday, 14 December 2011

Hint for Ch.9 Test

Here are some hints for the Ch.9 Test- Essay section:

  • Decisions about what products or services to sell
  • Be able to define and explain the different types of pricing (Ex: cost-based, demand based, etc.) You will be asked to explain one.
  • Advantages/Disadvantages of different types of advertising( Ex: TV, radio, magazines) You will be asked to explain one.
  • Publicity- what is it and how does a business get it?
  • Market Share- what is it and what do you need to know to determine it?

Please study for this one. Good luck!