9. Analyse one way a supermarket could add value to the food and other goods it buys in. [5]

[Sir Afzal Shad]

Q9. Analyse one way a supermarket could add value to the food and other goods it buys in. [5]

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Possible Structure:
[KN]
[AN]
[AN+]
[AN+]
[AN+]

[zeemal rashid]

[KN] buy cheaper products from the supplier
[AN] the supermarket owner could establish better and friendly relations with it's suppliers by paying them timely
[AN+] this would enable trade discount for the purchases of the super market
[AN+] thus reducing the cost of brought in materials for the supermarket
[AN+] resulting in increasing the added value and therefore the profit margin of the supermarket

[Shanze Arsalan]

KN: By converting raw material such as fruits into canned/proccessed food
AN: In this way loads of variety of products that are being offered to customers
AN+: When many varieties are being offered to the consumers they will be able to find the particular products they prefer or are in need of which will help the supermarket in gaining customer loyalty and now they will make purchases more often from that particular store
AN+: This will also be a better way of publicity as when the store will have a large customer base it will attract others to purchase their products too
AN+:This will not only helping in generating enough profit to fulfill objective of profit maximization but also helps in developing enoug profit to expand business.

[Muhammad_Faizan]

KN: they can improve the packaging of the the products such as for hot food they can switch to good quality tin foils
AN: this will help keep the food hot and warm so its demand will increase and customers will be ready to pay more
AN+: hence causing attractions towards business to increase customer base of the business
AN+: this will also help increase the market share of the business as well as increase stock prices if the business is a public limited company
AN+: which will hence help the business to gather more finance and be able to grow more quickly

[Zubiah gull]

[KN]By improving the quality and quantity of the product.
[AN]By advertising the product by famous people
[AN+]by increasing the quantity in a product
[AN+]by selling them through established confectionary shops rather than widely available vending machines
[AN+]by increasing the prices as a result of successful branding should add value.

[Hamnah Naz]

[DEF] Value added is the difference between cost of purchasing bought in goods and the selling price of finished product.[KN] A supermarket may add value through branding. [AN] This means that the supermarket may differentiate its food and other supplies in unique ways than those of rivals. [AN+] This may be done by the supermarket through extensive advertising of the food and other goods it sells as this may create an easily recognized name and brand identity. [AN+] Moreover, attractive packaging may be used as a way of adding value to the food items making them easily distinguishable from similar products of different brands. [AN+] These processes of adding value to the items sold at the supermarket may allow it to be easily known amongst customers and they may repeat purchases. As a result, it's customer base may expand.

[Hamna Zia]

[DEF]Added value is a process of improvising, packaging, branding, and charging an extra amount of money.
[KN]By embracing sustainability and responsible sourcing practices, a supermarket can add value to its products and other goods.
[AN]Supermarkets should engage with ethical suppliers and transparent supply chains.
[AN+]Increased profit.
[AN+]Increased customer loyalty and positive word-of-mouth marketing.
[AN+]Improved brand reputation.