kylie
0450-19-O-N-13-1b
Mich
TOPIC QUESTION - PAPER 1
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Mich
August 9, 2025 at 6:16:44 PM
May/June 2022
Version 3
1.0 Understanding Business Activity
1.1 Business Activity
YOUR ANSWER
1.S&V may increase added value by increasing their prices of herbs and spices when selling to the local resturants and shops while maintaining the cost of raw materials used to produce the herba and spices . s&v may ask suppliers for a discount as compensation for delivering supplies late which will help S&V increase prices and maintain low costs of raw materials
2. S&V can also use packaging for added value . Packaging will help attract customers for S&V . if S&V uses packaging customers will see their herbs and spices to be of high quality which they will keep buying from S&V causing customer loyalty
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