This document outlines 10 questions for a business exam covering topics like drawbacks of wholesalers, methods of transportation, stages of the product life cycle, the role of packaging, aims of promotion, types of research, price skimming, distribution channels, and how market price is determined. Students are asked to explain, compare, and choose examples for various business concepts.

1. BUSINESS – SENIOR 3 – TERM 3 – DECEMBER 2016
Answer the following questions
1. Explain the drawbacks of using a wholesaler.
2. Choose three methods of transportation and explain when you would use them.
3. Explain two stages from the product life cycle.
4. Using an example, explain the role of packaging.
5. Explain, with the aid of an example, two aims of promotion.
6. Choose a method of primary research; explain it and say when you could use it.
7. Using an example, explain price skimming.
8. When would you use secondary research?
9. Compare distribution channels 1 and 2.
10. Explain how the market price is determined and briefly explain the pricing strategies.