Question 1
Using the data in Extract A, calculate the change in value of sugar-free sweets sales predicted between 2018 and 2023. State your answer to 2 decimal places. You are advised to show your working.
(4)
Explain one way in which a business such as Bon Bon’s adds value to the products it sells.
(4)
Assess a likely trade-off for Bon Bon’s of not having ‘mass market ambition.’
(10)
Bon Bon’s has identified ‘Traffic Light Lollies’ as being a ‘dog’ in its product portfolio.
Assess the possible consequences for Bon Bon’s continuing to sell ‘Traffic Light Lollies’.
(12)
Bon Bon’s is currently a business to business (B2B) company with an objective to increase profitability. To do this, Bon Bon’s could either increase sales as a B2B company, or become a business to customer (B2C) company.
Evaluate these two options and recommend which one is more likely to improve Bon Bon’s profitability.
(20)