18 Analyse one way a private sector business could provide a service to its community.

[Sir Afzal Shad]

18 Analyse one way a private sector business could provide a service to its community. [3]

[Subhan Zafar]

{KN}private sector business can provide a service to its community by supporting local employment and development.
{APP}For example, a private supermarket chain like Al-Fatah could hire local workers, provide training opportunities, and source some of its products from local farmers and suppliers. This helps improve local incomes and supports other small businesses in the area.By doing this, the business not only contributes to economic growth in the community but also builds customer loyalty and goodwill. Local people are more likely to support and shop at the business because it shows social responsibility and a genuine interest in community welfare.
{AN}In the long term, this can strengthen the business’s reputation and brand image, helping it attract more customers while fulfilling a positive social role in the community.

[Shaliza khawaja]

They can provide afforable products or easily accessible products
for example a private transport company could lower cost for there bus routes in area with limited public transport
this not only improves quality of life for people but also removes social barrier between people, in the long run revenue increase and your brand image improves through good word of mouth.

[areeshasaber]

[kn] a private sector business can offer affordable products.
[app] for example, a clothing manufacturer could offer low cost products for consumers looking for affordable clothes.
[an] the business can have s strong consumer base, increased sales and can achieve economies of scale.

[Arham Qadri]

[KN] By using company resources and skills to deliver services that meet local needs.
[APP] For example, a local supermarket partners with a food charity to donate food and run weekly free-meal sessions, using its storage to support people in need.
[AN] This would lead to benefit to those in need, enhances customer loyalty, incurs short-term costs but can create long-term value for the business.


[Sir the AN is complicated]

[shamaim shakeel]

Knowledge Point:
A private sector business can help its community by taking steps that improve people’s lives, such as creating job opportunities or supporting local projects.

Application:
For example, Nestle runs clean water programs in many countries to help families get safe drinking water. Similarly, Khaadi in Pakistan supports women by giving them jobs in stitching and embroidery, helping them earn an income for their families.

Analysis:
This improves living standards for local people, which builds a positive image for the company. When the brand earns trust and respect, more customers prefer its products. As a result, the business grows while also giving back to the community creating benefits for both sides.

[sikander ali]

[KN] they can introduce friendly programs to help the local community.
[APP]for example McDonalds a private sector business started a program in Pakistan to clean water called "Rounding Up" where customers can round up their bills and help in cleaning water to help people drink clean water and stay safe.
[AN]thus this would lead to increasing the brand image of the business and also increasing sales as helping people in one way as well increasing profits and consumer base.

[Shuraim Arif]

(KN) A private sector business could create job opportunities for the community.
(APP) For example, a large private limited airline company may offer many types of jobs for all sorts of people of the community, such as offering pilot jobs to educated individuals or offering cleaning jobs to less educated individuals to try to minimize the unemployment rates.
(AN) This leads to self esteem needs of pilots being fulfilled whereas physiological or social needs of cleaners being fulfilled. This lower unemployment rates would also mean people would have higher disposable incomes and a better lifestyle, eventually leading to flourishing of the economy.