1.business Activity
1.business Activity
1.business Activity
4.state two ways in which a business making cosmetics, such as face creams, could
increase added value to the materials it buys in.
___________________________________________________________________
___________________________________________________________________
___________________________________________________________________
___________________________________________________________________
Case Study
The ARC business produces and sells cosmetics. These are sold in
supermarkets. It uses modern capital equipment, allowing division of
labour so employees can specialise. Several employees have left ARC
recently. The Bella Perfume ARC’s bestselling product, sells for $7 a
bottle. Each bottle contains materials that ARC Buys in for $2.ARC`s
Mangers want to increase added value. The Marketing manager thinks a
price increase is the best way to do this.
2.Do you agree with the marketing Manager that the best way to increa
added value for a product is to increase price ? Justify your answer. (6)
________________________________________________________
________________________________________________________
________________________________________________________
________________________________________________________
________________________________________________________
________________________________________________________