Which two of the following would improve the competitiveness of MME against other local music shops?
Select two answers - Edexcel - GCSE Business - Question 3 - 2018 - Paper 1
Question 3
Which two of the following would improve the competitiveness of MME against other local music shops?
Select two answers.
A. Offering advice on rare records
B. Redu... show full transcript
Worked Solution & Example Answer:Which two of the following would improve the competitiveness of MME against other local music shops?
Select two answers - Edexcel - GCSE Business - Question 3 - 2018 - Paper 1
Step 1
A. Offering advice on rare records
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Answer
Offering advice on rare records can enhance MME's competitiveness as it differentiates the store from others. Providing expertise fosters customer loyalty and can attract niche collectors.
Step 2
C. Providing a low-priced delivery service
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Answer
A low-priced delivery service can significantly improve competitiveness by appealing to convenience and cost-conscious customers. It opens up the market for online sales and can increase overall sales volume.
