Unit 2

Question 1

Marketing

Answer 1

When the business promotes and sells their product or service, this can include researching and advertising

Question 2

Demand

Answer 2

The quantity needed for a product or service

Question 3

Anticipating - demand

Answer 3

Researching - primary and secondary, primary research is finding out information yourself and secondary research is using information that has already been created

Question 4

Recognising - demand

Answer 4

The business will Analyse the information they find, this means going through all of the information they have researched and making sense of it all to be able to use it

Question 5

Stimulating - demand

Answer 5

The business will start to advertise their product or service
And make customers aware about the product to draw attention To it

Question 6

Satisfying - demand

Answer 6

Making a product that customers will want that satisfies the Demand and also making sure that the product is good quality And the business provide good customer service

Question 7

Marketing campagin

Answer 7

A campaign created to promote and sell a product or service

Question 8

Digital marketing