Explain In What Ways Markets For Food Are Not As Competitive As They Could Be. In Essay Form

Explain in what ways markets for food are not as competitive as they could be. in essay form

Answer:

FOOD MARKET

Explanation:

The four parts of food marketing are regularly called the "four Ps" of the marketing blend since they connect with item, value, advancement, and spot. One explanation food makers get the biggest level of the retail food dollar is that they give the most separating, esteem added administration. The cash that makers put resources into creating, evaluating, advancement, and setting their items separates a food item based on both quality and brand-name acknowledgment. By and large, the marketing blend can increase the value of a food associations item.

In concluding what kind of new food items a customer would most like, a producer can either attempt to foster another food item or attempt to adjust or broaden a current food. For instance, a sweet, seasoned yogurt drink would be another item, yet milk in another flavor would be an expansion of a current item. There are three stages to both creating and expanding: produce thoughts, screen thoughts for practicality, and test thoughts for offer. Solely after these means will a food item come to public market. Of 100 new food item thoughts that are thought of, simply six come to a supermarket rack.

Give three reasons for preserving food. - Brainly.ph

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