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Business Studies · 2026 · 6 marks
CBSE 2026 · Region 5 · Set 1 · Q31
‘Novel Stores’ is a chain of grocery stores that has built its reputation on
customer satisfaction. It is known for its high-quality products, including
a wide variety of bakery, dairy products and ready-to-cook meal kits, etc.
catering to diverse customer needs. The store regularly takes feedback
from the customers and stocks items accordingly.
The store is popular among the customers for its attractive schemes such
as ‘buy one get one free’ offers and weekly discounts, etc. which are
advertised on its website.
Once the goods are manufactured, packaged, branded and promoted,
‘Novel Stores’ ensures that they are made available to customers at the
right place, in the right quantity and at the right time. Customers can
place orders online and choose to get them delivered at their home or pick
them up from the store at a selected time. As a result, the revenues of
‘Novel Stores’ are growing every year and profits are increasing.
Identify and explain the elements of marketing mix highlighted in the
above case.
Marking-scheme solution
Elements of marketing mix:
(i)
Product
Product means goods or services or ‘anything of value’, which is
offered to the market for sale. It also includes the extended product or
what is offered to the customers by way of after sales services,
handling complaints, availability of spare parts.
The important product decisions include deciding about the features,
quality, packaging, labelling and branding of the products.
(ii)
Promotion
Promotion of products and services include activities that communicate
information (availability, features, merits) of the products to the target
customers and persuade them to buy it.
Organisations undertake various promotional activities and spend
substantial amounts of money on the promotion of their goods by using
a number of tools such as advertising, personal selling, public relations
and sales promotion techniques.
(iii)
Place
Place or Physical Distribution include activities that make the firm's
products available to the target customers.
Important decision areas in this respect include selection of dealers or
intermediaries to reach the customers, managing inventory, storage and
warehousing and transportation of goods from the place it is produced
to the place it is required by the buyers.
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CBSE Class 12 Business Studies past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.