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Exam (elaborations)

IB BUSINESS 4.5 TEST GUIDE AND ANSWERS (2025) SCORED A+

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IB BUSINESS 4.5 TEST GUIDE AND ANSWERS (2025) SCORED A+

Institution
IB BUSINESS
Module
IB BUSINESS











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Institution
IB BUSINESS
Module
IB BUSINESS

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Uploaded on
April 9, 2025
Number of pages
70
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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IB BUSINESS 4.5 TEST GUIDE AND
ANSWERS (2025) SCORED A+




1 of 94

Term



The cost of producing one unit of output is $40. A company uses a mark-
up of 50% on top of the production cost. What will be the
selling price of this product?



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$40 $60

, $4 $70
5


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2 of 94

Term



A group of marketers plans to launch an environmentally
friendly sports car. Which of the following is not an
appropriate method of promotion for this product?



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Publicity Flyers




Television advertising Radio advertising


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, 3 of 94

Term


A local dress shop owner is concerned because her landlord
is
going to increase her rent in the coming year. She is
working with her niece to create a website to be able to
offer her products on
line. With regard to her concern about paying rent, which
element of the marketing mix is she addressing most
directly?



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Price All Of The Answer Choices




Place Time


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4 of 94

Term



A product might be packed in a box not necessarily
because this is more attractive to customers, but because
it is easier to
__________________and quicker and easier (and therefore cheaper) to
_____________ .



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