A farmer sells vegetables to a manufacturer of tinned vegetables - HSC - SSCE Business Studies - Question 8 - 2021 - Paper 1
Question 8
A farmer sells vegetables to a manufacturer of tinned vegetables. The manufacturer then sells the tinned vegetables to supermarkets.
Which row of the table shows th... show full transcript
Worked Solution & Example Answer:A farmer sells vegetables to a manufacturer of tinned vegetables - HSC - SSCE Business Studies - Question 8 - 2021 - Paper 1
Step 1
Market targeted by farmer
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Answer
The farmer sells vegetables, which are raw agricultural products. Therefore, the market targeted by the farmer is classified as 'Resource'.
Step 2
Market targeted by manufacturer
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Answer
The manufacturer processes these vegetables into tinned products, which are then sold to supermarkets. This indicates that the manufacturer targets the 'Intermediate' market, as they are selling processed goods to retailers rather than directly to consumers.
Step 3
Conclusion
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Answer
Thus, the correct combination indicating the markets targeted by the farmer and the manufacturer is:
