The packaging life has increased the shelf life of various products like chips, milk, etc. Due to which companies are able to keep to the unsold stock of these goods for a longer period of time instead of clearing off the unsold stock at lesser prices.Which of the following factors is responsible for the above benefits to the business.a)Technological factorsb)Physical factorsc)Human factorsd)External factorsCorrect answer is option 'A'. Can you explain this answer?

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The packaging life has increased the shelf life of various products like chips, milk, etc. Due to which companies are able to keep to the unsold stock of these goods for a longer period of time instead of clearing off the unsold stock at lesser prices.
Which of the following factors is responsible for the above benefits to the business.

a)
Technological factors
b)
Physical factors
c)
Human factors
d)
External factors

Correct answer is option 'A'. Can you explain this answer?

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The packaging life has increased the shelf life of various products li...

Understanding the Role of Technological Factors
The increased shelf life of products such as chips and milk can primarily be attributed to advancements in technology. Here’s how technological factors play a crucial role:
1. Improved Packaging Techniques
- Innovative Materials: Companies are utilizing advanced materials that provide better barrier properties against moisture, oxygen, and light, thus preserving product quality.
- Modified Atmosphere Packaging (MAP): This technique replaces the air inside the package with a protective gas mix, significantly extending shelf life.
2. Preservation Technologies
- Pasteurization and Sterilization: These processes help in eliminating harmful microorganisms, allowing products like milk to be stored longer without spoilage.
- Dehydration and Freezing: Techniques like freeze-drying or dehydration can also enhance shelf life, particularly for snacks and perishable goods.
3. Automation and Quality Control
- Consistent Production Quality: Technological advancements in production processes ensure that products are made to a higher and more consistent quality, which reduces waste and spoilage.
- Real-Time Monitoring: Automated systems can monitor product conditions during storage and transportation, helping to maintain optimal quality.
4. Cost-Effectiveness
- Reduced Losses: With extended shelf life, companies can minimize the financial losses associated with unsold stock, allowing them to maintain prices and avoid markdowns.
- Inventory Management: Enhanced shelf life leads to better inventory management, enabling businesses to plan and allocate resources more efficiently.
In conclusion, the benefits of increased shelf life for businesses are largely driven by technological factors that enhance product preservation and quality, ultimately leading to improved profitability and reduced waste.

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The packaging life has increased the shelf life of various products like chips, milk, etc. Due to which companies are able to keep to the unsold stock of these goods for a longer period of time instead of clearing off the unsold stock at lesser prices.Which of the following factors is responsible for the above benefits to the business.a)Technological factorsb)Physical factorsc)Human factorsd)External factorsCorrect answer is option 'A'. Can you explain this answer?

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