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Terry

0450-19-O-N-11-2d

Chan

TOPIC QUESTION - PAPER 1

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Chan

May 17, 2026 at 7:36:21 AM

Oct/Nov 2019

Version 1

3.0 Marketing

3.1 Marketing, Competition and Customers

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YOUR ANSWER

Advantage 1: Increase revenue,
Explanation: By maintaining customer loyalty, WKN’s customers may promote WKN’s 200 shops to their friends and family, increasing revenue.

Advantage 2: Maintain market share
Explanation: Loyal customers will repeat purchase of household goods from WKN, ensuring that WKN can survive while being in a challenging business cycle

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