IGCSE, A Level Business Student Forum

(KN) Secondary sector businesses can add value by adding new features into products when manufacturing them.
(APP) For example, a car manufacturing company adds the feature of voice command in its cars, enabling customers to give commands to the car and get their work done without having to look for different buttons, which would distract the driver, eventually leading to unsafe driving.
(AN) With enough advertisement, people would understand how much safer and convenient driving would become with this new feature. They would then be willing to pay a higher price for this feature, adding value to the car and increasing revenue, and eventually, profit.

A secondary sector business adds value by changing raw materials into finished goods through manufacturing. For example, a bakery takes flour and sugar and bakes them into a cake. The cake can then be sold for much more than the cost of the ingredients.

KN A secondary sector business adds value by transforming raw materials into finished products through the manufacturing process.
APP For example, a furniture workshop takes wood and produces a polished table ready for sale.
AN This adds value because the finished good can be sold at a much higher price than the raw materials, it makes the product more useful and attractive to consumers, and it allows the business to earn greater revenue and profit.

KN:A secondary sector business can add value by transforming raw materials into finished goods
APP:Forexample a bakery takes flour and sugar and bakes them into a cake. This process changes the form of the inputs improves their usefulness for consumers and also allows the product to be sold at a higher price than the cost of the ingredients.
KN:Therefore value is added through manufacturing which increases the product’s worth to both the business and the customer.

KN:A secondary sector business can add value by transforming raw materials into finished goods
APP:Forexample a bakery takes flour and sugar and bakes them into a cake. This process changes the form of the inputs improves their usefulness for consumers and also allows the product to be sold at a higher price than the cost of the ingredients.
KN:Therefore value is added through manufacturing which increases the product’s worth to both the business and the customer.

(KN)
Adding value means making a product worth more than the cost of its raw materials.
(APP)
A secondary sector business, like a furniture factory, takes wood and turns it into a chair.
(AN)
This adds value because customers will pay more for the finished chair than for just wood.

(KN) A secondary sector business adds value by changing raw materials into finished goods.
(APP) For eg, a bakery takes flour nd sugar nd bakes them into a cake which is then sold off as a final product .
(AN)This adds value because the finished cake is worth more than the cost of the ingredients. This allows the business to charge a higher price nd it can increase customer satisfaction as people wpuld rather prefer the final product.

KN: Secondary sector adds features and processes it
APP: Eg a factory takes a basic wood and electric components, and then is able to manufacture it into a chair or sofa with mutliple additions and features eg. a heated backrest, tablets on the armrests, etc.
AN: Therefore secondary sector has more value as people would be interested in the new and unique features, aswell as the proccessing as it has been put toghether so that the customer can use it practically. Also this can contribute towards a specific, innovative brand image for the business hence also adding value.

(KP) A second sector enterprise generates value by converting raw materials into final goods.
(APP) To illustrate, it is convenient to package a watermelon in juice form for people to consume.
(AN) This is advantageous because customers are willing to pay extra for the convenience, the colorful wrapping makes the product more attractive to more people including children, and enables the company to charge higher prices which translates to higher profits.

KN: A secondary sectorr business adds value by turning raw materials into finished products that sell at a hgiher price.

APP for e.g. a factory turns raw cotton into branded T-shirts that sell for much more than the raw fibre.
AN: In T-shirsts, manufacturing adds design and labour which raises the final price. The brand and finish let the firm charge extra and increase profit margins. But this needs machines and marketing investment which can be costly.

[KN] A secondary sector business creates added value by converting raw materials into finished goods that have a higher market value.
[APP] For example, a bakery uses ingredients like flour and sugar to produce cakes, which can be sold at a price greater than the cost of the raw ingredients.
[AN] Value is added because customers are prepared to pay more for a completed product than for basic ingredients. It also offers convenience, saving them time and effort, which increases the appeal of the product. This allows the business to set higher prices, boost profit margins, and stay competitive in the industry.

[KN]:A secondary sector business adds value by transforming raw materials into finished or more useful products.[APP]:For example, a furniture manufacturer takes raw wood and processes it into a polished wooden chair that is ready to use.[AN+];This increases the product’s worth because customers are willing to pay a higher price for the finished chair compared to the raw wood, generating profit for the business.

KN: A secondary sector business adds value by turning raw materials into finished products that are worth more.
APP: E.g a furniture maker takes wood and designs, cuts and polishes tintoretto a stylish table.
AN: This increases the product's value because customers are willing to pay more for the skill, design, and usefulness added during production.

kn] by finishing the product from raw material to final good
app] for exp a sugar company buy the sugar cane process it and sell the sugar to customers
an] so this is the way in which it add value to the product and sell it at high price as they do inovation and improvemnet inn the product before giving to consumer