PRICING, MARKETING, AND POST HARVEST

Question 1

• This technology regulates oxygen, carbon dioxide, and humidity levels to slow down the respiration rate of fruits and vegetables, effectively extending their shelf life and reducing spoilage.

Answer 1

Controlled Atmosphere Storage

Question 2

• involves maintaining a temperature controlled supply chain to preserve perishable goods from the point of origin to the consumer.

Answer 2

Cold Chain Logistics

Question 3

• The integration of sensors and digital monitoring systems allows real-time tracking of environmental conditions such as temperature, humidity, and gas composition during storage and transit.

Answer 3

Sensors and Monitoring Systems

Question 4

-Advancements in packaging technologies, including modified atmosphere packaging (MAP) and active packaging, have played a crucial role in extending the shelf life of perishable products.

Answer 4

Innovative Packaging

Question 5

• This method involves calculating the total production cost of a product or service and adding a predetermined markup to ensure a desired profit margin.

Answer 5

Cost -Plus Pricing

Question 6

• Also known as competitor-based pricing, this strategy sets prices based on the prevailing market rates for similar products or services.

Answer 6

Market-Based Pricing

Question 7

• This strategy focuses on the perceived value of a product or service to the customer rather than its production cost.

Answer 7

Value-Based Pricing

Question 8

• Common in industries like construction and manufacturing, involves agreements where the buyer pays for all construction-related expenses plus an additional amount for profit.

Answer 8

Contract Pricing