I. The Rice Industry in the Philippines
Rice, commonly known as kanin in the Philippines, is a cereal crop that belongs to a family of other cereals such as wheat and corn. It is rich in vitamins and minerals and it is the best source of energy (Geonka Foods, n.d.). It is considered as the staple food of the Philippines and is part of every Filipinos’ meal. Also, this is eaten mostly in Asian countries. Rice is important for the food supply and economy of the country (Wikipedia, 2014a). Here in the Philippines, rice is grown by planting rice seeds on hectares of land by the method of plowing usually during the start of the rainy season. Rice usually matures approximately after three to four months and can be harvested after five months from being planted (Heirloom Organics, 2014). There are different varieties of rice seeds which lead to different rice varieties. Some commonly known rice varieties here in the Philippines are Sinandomeng, Dinorado, Malagkit, commercial rice, National Food Authority (NFA) rice, and some less known varieties are Jasmine, *. The prices of rice depend of what kind of variety it is. Some are high end, normal priced, and low priced. High end rice are branded rice such as Doña Maria Premium Rice, Best Choice, Golden Grains, Harvester’s, and so on. The price range of these branded rice
Rice production has been in the Philippines since 3200 BC and it has been the staple food of many Filipinos since then (Bayanihan Foundation Worldwide, 2013).
The price HAS to fit the customer. If we are aiming to sell at the teenage/young adult market we need to think about how much money they actually have to spend on breakfasts. This means that selling at a price too high will not attract them to buy the product so we need to think about how much they would spend at a maximum and sell at a little less than that price. ADVERTISING Costs As a promotional offer we could sell the product at slightly less than what we actually would like for it. We may not be looking for profit doing this, but more product awareness.
The case People v. Rice is about a girl named Nina Rice, who was charged with information with the crimes of theft and computer crimes. In 2003, the defendant filed for unemployment compensation benefits with Colorado Department of Labor and Employment by using an interactive computer system which she could communicate over the telephone. She made biweekly claims for unemployment for over five months. Each time she applied, they asked if she worked during the week she applied for it and she said no every time.
Because of huge competition the price remains consistent. The last factor creates a high demand among customers. Corn profitable to grow for many farms and easiest way to make a big amount of money in the short
The Cost of the US
http://ageconsearch.umn.edu/bitstream/18431/1/wp010273.pdf
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The FederalAgriculture Improvement and Reform Act of 1996 applied six changes to the sugar program while still maintaining the same support to the sugar grower. The first change is to set the USDA’s loan rate at 18¢ per pound for raw cane sugar and 22.9¢ per pound for refined beet sugar. Secondly, a pound of raw cane sugar and of refined beet sugar forfeited to the government will cost 1¢ and 1.07¢ respectively. Thirdly, taxpayer will no longer have a requirement that the sugarprogram operate at no net cost. Fourthly, ifthe TRQ is 1.5 million tons or less, forfeiting is prohibited.
In the story “Under the Rice Moon” by Rhiannon Puck a bird got captured and put in a cage. Then people sold and trade him until he got to his final owner. This guy gave the bird to his sick daughter that was stuck in her room. The little girl understood what it was like to be locked up all day, so she let the bird out of its cage. The theme of the story is you have to live through something to understand it.
So, to set price of a product a company should consider the customer’s perceived value. Gregg plc provides its customers different kind of product. So, depending on the products quality, quantity and types the price is fixed by the company. Foods which are provided by the company are very popular to the customers. The price of the food is not so high for the purchaser.
The story of Rice without Rain by Minfong Ho is about a village trying to survive and young idealistic college students trying to influence change among the people. From the time the students were introduced to Jinda and the village to the end of the book their intentions were to help the village but the efforts to abolish the crop tax put people in harm's way. Controversy among the villagers over change caused great strife and issues. These events and others changed the future of the village. Through these actions and the characters, it shows that attempts to eliminate oppression result in unforeseen outcomes as shown by Ned’s teaching in the village, Sri trying to incorporate modern medicine, and Duo’s bad decisions.
In three of the world's oldest civilizations, the development of Agriculture proved
surprisingly similar. Despite long distances between each culture, especially in the case of
Mesoamerica, all three developed “staple” crops that proved very important for their food
sources (BBC, FAO, Nair, National Geographic). While China and the Indus River Valley
domesticated various animals for food, Mesoamerica did not rely on domesticated animals
nearly as much (BBC, Nair), not even for labor (FAO). Although the types of crops they grew
resulted in different diets for all three civilizations, the Neolithic Revolution remained the
fundamental basis for all their nutritional development (BBC, FAO, Nair). Even with various
different features in climate,
Many factors play a role in determining these prices, including cost of production and distribution of commodities. These factors are unique to companies hence packaging and pricing of goods differs. The guiding principles in pricing process therefore must follow ethical and legal considerations to
In my opinion, the more expensive it is the more well off you are, and you are most likely represented in the middle or upper class. You see that in the “Mall Story” episode of Roseanne when Roseanne pressures Dan to get new shoes disregarding the price, and Roseanne’s daughter Becky wanting to get a new dress for the dance. The problem is Becky wants the $79 dress to look popular, but Roseanne said they couldn’t afford it leaving Becky in a terrible mood. In the end Dan returns his $79 pair of shoes to buy the dress for Becky. This shows that even though the family is low on money, they do what they must do to make Becky feel popular with her dress.
Specifically, prices of commodities like beans, garri, rice, Semovita has gone higher as a mudu of foreign rice which was formerly sold at N200 is now N530 and local rice is now N450. Beans formerly N150 is now N330, garri ranges from N200 and N220 while Semovita is N2,600 per bag from N1,200 at the beginning of the year.
For groceries, Tummy–Tummy noodles is N2,200 a carton. Golden Penny noodles, the big size is sold for N1,800 and the small size for N1,300 respectively. Spaghetti is sold for N170 and a Three Crowns sachet milk formerly N20 now N25.
Stained glass pricing is based on many different variables. Stained glass can be priced in the hundreds of dollars. Stained glass can also be priced in the thousands of dollars. One of the factors of the cost of stained glass is quality. The price of stained glass is usually directly related to the quality and hard work put into the stained glass.
In addition, Dutch Lady uses psychological pricing such as odd pricing. For example, 1 liter of Dutch Lady Pure Farm Low Fat Milk is cost RM6.09 (However, it is still slightly expensive compare to Marigold, as it costs RM5.99 in retail price). F&N price is slightly lower compare to Dutch Lady, but comparing to Marigold, the retail price is same, it costs RM5.99, it turns out that brand recognition is vital to them regardless of pricing. Yeo’s SoyRich Original Soy Milk 1 liter is cost RM3.39, however, Marigold Soya Bean Drink 1 liter only cost customers RM2.55, for the price-sensitive customers, they are willing to choose Marigold instead of Yeo’s
Rice Cultivation in the Philippines
Emilyn C. Bao BSED-SS1, CE20
Prof. Sircio C. Chan, Capitol University
8 March, 2017
The purpose of this research is to know about the cultivation of rice in the Philippines from 1565 to 1898. The rice had many purpose in the last decades. In the Philippines, about 3200 B.C. they began the practice of rice cultivating. The ancient civilization had their ways of making rice delicacies, and also our ancestor’s fun of drinking wines made of rice.
According to Wisnudewobroto (2011), KFC placed their products for high price but not overly high. However, to compete with other competitors, KFC trickle down their price for only the selected items during mealtime to focus on both middle and lower class people to penetrate both sides of the market. If the product price are too low, it might lead to customer perception that the food have a poor quality, while charging for the product too high price might cause customer to switch their preferences to other competitors. KFC also will take into consideration on the probable reaction from other competitors in the pricing
