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Which one of the following would improve the competitiveness of MME against other local music shops? Select one answer - Edexcel - GCSE Business - Question 3 - 2018 - Paper 1

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Which one of the following would improve the competitiveness of MME against other local music shops? Select one answer. A) Reducing opening hours B) Providing a l... show full transcript

Worked Solution & Example Answer:Which one of the following would improve the competitiveness of MME against other local music shops? Select one answer - Edexcel - GCSE Business - Question 3 - 2018 - Paper 1

Step 1

Select one answer.

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Answer

The most effective way to improve the competitiveness of MME against other local music shops is to provide a low-priced delivery service (Option B). This strategy can attract more customers by offering convenience and potentially lower costs compared to competitors, thus enhancing market share.

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