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ZIMSEC O-Level Business Enterprise and Skills

7.7Markets and marketing

Markets and marketing in ZIMSEC O-Level Business Enterprise and Skills: what the syllabus expects you to know, the learning objectives and how to practise.
Topic231 practice questions14 lessons

In this topic

Lessons

  • Markets, demand and supply

    35 min

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  • The role of marketing and the marketing concepts

    35 min

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  • Entering foreign markets: opportunities, problems and solutions

    35 min

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  • Types of markets: physical, virtual, local, regional and global

    30 min

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  • Market research: methods, sampling and using the results

    40 min

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  • Market segmentation

    30 min

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  • Demand forecasting: predicting future sales

    35 min

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  • Trading blocs and economic integration

    30 min

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  • Marketing strategy: putting the marketing mix together

    35 min

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  • Place: channels of distribution from producer to consumer

    35 min

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  • Pricing methods: cost-plus, competitive, penetration, skimming and dynamic

    40 min

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  • Product: branding, packaging and developing new products

    35 min

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  • Promotion: advertising and sales promotion

    40 min

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  • The product life cycle and extension strategies

    35 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Markets and marketing: sample question

1 mark

Which method of forecasting is most suitable for a completely new product with no sales history?

Choose one answer

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