If a food entrepreneur charges a premium price, how should it be justified?
Answer and explanation
Correct answer: With high-quality ingredients, hygiene, authenticity and superior service
A premium price is justified only when the customer receives clear additional value, such as superior ingredients, hygienic and safe preparation, authenticity of the cuisine, and better service. A famous brand name alone does not prove quality or value. Misleading claims or hiding the portion size are unethical and damage customer trust. Exam tip: link premium pricing with added value and a better customer experience.
Frequently asked questions
What is the correct answer to this question?
With high-quality ingredients, hygiene, authenticity and superior service
Why is this the correct answer?
A premium price is justified only when the customer receives clear additional value, such as superior ingredients, hygienic and safe preparation, authenticity of the cuisine, and better service. A famous brand name alone does not prove quality or value. Misleading claims or hiding the portion size are unethical and damage customer trust. Exam tip: link premium pricing with added value and a better customer experience.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Indian cuisine.