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The value added seafood industry

time benefiting from economies of scale in their distribution networks and administrative infrastructure.

The underlying drivers of change in the industry involve a focus on the producers' part on maximizing profit and on the consumer's part on maximizing options or choice, and maximizing value. Producers merge and acquire competitors to reduce production and distribution costs. Supermarket mergers are a way for retailers to control or reduce costs. Additionally, consumers opt to travel further or to purchase in larger quantities to reduce their total costs while increasing the number of products they can choose from. For example, retailers such as Sam's Club and Costco offer members the opportunity to buy in bulk and save.

3. There are a number of key factors that determine the success of a packaged food producer. First and foremost is the product itself. If there is no demand for the product, it will not sell. The producer must be able to generate interest in the product either through personal selling one purchasing manager at a time res

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The value added seafood industry. (1969, December 31). In LotsofEssays.com. Retrieved 08:26, May 19, 2024, from https://www.lotsofessays.com/viewpaper/1688995.html