Photo AI

Jack Wills is a retail clothing brand that was established in Salcombe, Devon in 1999 - Edexcel - GCSE Business - Question 3 - 2017 - Paper 1

Question icon

Question 3

Jack-Wills-is-a-retail-clothing-brand-that-was-established-in-Salcombe,-Devon-in-1999-Edexcel-GCSE Business-Question 3-2017-Paper 1.png

Jack Wills is a retail clothing brand that was established in Salcombe, Devon in 1999. Its clothes are targeted at students in the UK. Since it was established it ha... show full transcript

Worked Solution & Example Answer:Jack Wills is a retail clothing brand that was established in Salcombe, Devon in 1999 - Edexcel - GCSE Business - Question 3 - 2017 - Paper 1

Step 1

A slogan is most likely to be associated with which of the following?

96%

114 rated

Answer

A slogan is most likely to be associated with C Strong branding. Slogans are crafted to encapsulate the essence and identity of a brand, making them a crucial part of brand recognition and consumer recall.

Step 2

Explain one advantage to Jack Wills from the process of de-stocking.

99%

104 rated

Answer

One advantage to Jack Wills from the process of de-stocking is that it allows the company to clear old inventory, reducing holding costs and making room for new stock. This can enhance cash flow, as funds are freed up that would otherwise be tied in unsold winter coats and jumpers. Furthermore, de-stocking can help maintain the brand's image by ensuring that only current and desirable products are available, which aligns with consumer expectations and trends.

Join the GCSE students using SimpleStudy...

97% of Students

Report Improved Results

98% of Students

Recommend to friends

100,000+

Students Supported

1 Million+

Questions answered

;