06 Explain one way a secondary sector business adds value.

Ch 2 Business structure
Abdur Rehman khan
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Re: 06 Explain one way a secondary sector business adds value.

Post by Abdur Rehman khan »

[KN] A secondary sector business adds value by changing raw materials into finished products through different processes that increases the worth of product.
[APP] For example, a bakery uses flour and sugar and bakes them into cakes of different flavors, which can be sold at a higher price than the cost.
[AN] This adds value by changing simple inputs into desirable goods, allowing the business to charge more and increase profitability.
Abdullah Mohsin
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Re: 06 Explain one way a secondary sector business adds value.

Post by Abdullah Mohsin »

[KN] By transforming raw materials into finished products that customers are willing to pay more for.
[APP] For example, a dairy company takes raw milk from farmers and processes it into cheese or yogurt. Packaging extends the shelf life and adds uniqueness to the product, allowing the business to charge a higher price.
[AN] Therefore, by transforming milk into higher-value products, the dairy business increases its profit margins while sustaining quality, keeping customers satisfied. This helps boost competitiveness of the business, helping it increase its market share.
Mahnoor satti
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Re: 06 Explain one way a secondary sector business adds value.

Post by Mahnoor satti »

[KN] It adds value by transforming the raw materials into the finished goods.
[APP] For instance, a bakery takes flour and sugar and bake them into cake, which is later sold for high prices due to the process.
[AN] Thus this result in customer willing to pay the high prices to get the product ready made rather buying the raw material and has to make themselves.
Wahaj Ashraf
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Re: 06 Explain one way a secondary sector business adds value.

Post by Wahaj Ashraf »

[KN]A secondary sector business adds value by transforming raw materials into finished goods which make customers to pay more
[APP] e.g. a company takes cocao beans and by by processing them into chocolates
[AN] This will cause customers to pay higher prices for the finished products which increases the revenue of the business which can be later used by the business e.g.marketing
Abdullah Altaf
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Re: 06 Explain one way a secondary sector business adds value.

Post by Abdullah Altaf »

[KN] Secondary Sector business can add value by using high quality raw materials.
[APP] For instance, a bakery business can use imported fruits such as blueberries, helping improve taste as well as quality.
[AN] This will help the business charge premium prices, which will increase profit and market share. Furthermore, the use of high-quality ingredients can enhance the brand image, attracting more customers and improving loyalty.
Ayaan Fayaaz
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Re: 06 Explain one way a secondary sector business adds value.

Post by Ayaan Fayaaz »

[KN] A secondary sector business can add value by processing raw materials into finished goods.

[APP] For instance, a factory turning cotton into branded clothing.

[AN] This increases the selling price compared to the cost of raw materials, allowing the business to make profit and attract more customers.
Naveen fatima
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Re: 06 Explain one way a secondary sector business adds value.

Post by Naveen fatima »

[KN] A secondary sector business adds value by changing raw materials into finished products that customers are willing to pay more for.
[APP]For example, a furniture factory takes wood from the primary sector and turns it into a polished wooden table.
[AN] This adds value because the finished table is worth much more than the raw wood, allowing the business to earn higher revenue and increases the profit margin.
Last edited by Naveen fatima on Sun Sep 28, 2025 10:32 am, edited 1 time in total.
Uqbah hadeed kayani
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Re: 06 Explain one way a secondary sector business adds value.

Post by Uqbah hadeed kayani »

[kn] a secondary sector adds value by turning raw materials into products
[app] for example a secondary sector business could just sell sugar flour and chocolate separately but the way they add value is by using these raw materials to i.e bake a cake
[an] this allows the business to charge higher prices for there products and earn more revenue than they would if they sold the products separately
Tahoor Yousaf
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Re: 06 Explain one way a secondary sector business adds value.

Post by Tahoor Yousaf »

[KN] A secondary sector business adds value by changing raw materials into finished products. [APP] For example, a dairy factory processes milk into cheese or yogurt. [AN] The finished product is worth more than the raw milk because it is processed, packaged, and ready to sell. This makes the good more convenient and appealing to consumers, allowing the business to charge a higher price and increase profit.
Abdul Hadi
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Re: 06 Explain one way a secondary sector business adds value.

Post by Abdul Hadi »

KN: A secondary business adds value to its products by manufacturing and transforming raw materials into finished products.
APP: For example a bakery uses raw materials like sugar and eggs and processes them into a cake which will be sold for a much higher price.
AN: this allows the business to differentiate it self from raw material selling businesses, allows them to charge a higher price and allows consumers to buy ready made final products.
Amina Rizwan
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Re: 06 Explain one way a secondary sector business adds value.

Post by Amina Rizwan »

[KN]Away a secondary sector business adds value to a product is during the manufacturing process
[APP]For example a bakery uses the raw materials flour,eggs and sugar and bakes it into a cake which can be sold for a higher price then the cost of the ingredients
[AN]This will add value to the product as customers will be willing to pay a higher price for the ready made product not only will this increase the brand image it will also increase the sales of the business subsequently leading to an increase in the profits of the business
areeshasaber
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Re: 06 Explain one way a secondary sector business adds value.

Post by areeshasaber »

[kn] a secondary business adds value through producing the material into a final product.
[app] for example, a clothing manufacturer takes cotton and produces shirts
[an+] this lets the business charge higher prices, improve the standard of living and improves brand image.
Mustafa Khan
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Re: 06 Explain one way a secondary sector business adds value.

Post by Mustafa Khan »

kn] secondary sector can add value by converting the raw material into desirable finished product.
app] for instance, wood is the raw material taken from forest which can be crafted into a chair.
an]this will allow the business to charge higher prices, which can increase the profit margin of the business which will allow the business to expand in future.
AliAzeem
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Re: 06 Explain one way a secondary sector business adds value.

Post by AliAzeem »

[KN]The business can turn raw materials into finished goods.
[APP]For example a wooden furniture business is provided with wooden logs, which are turned into added value furniture like chair,couch etc.
[AN]This allows the business to charge higher prices which increases the profit margins resulting in business growth.
MuhammadAli91191
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Re: 06 Explain one way a secondary sector business adds value.

Post by MuhammadAli91191 »

[KN]A secondary sector business adds value by transforming raw materials into finished goods which make customers to pay more
[APP] e.g. a company takes cocao beans and by by processing them into chocolates
[AN] This will cause customers to pay higher prices for the finished products which increases the revenue of the business which can be later used by the business e.g.marketing
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