In need of expert advice - how to display the title of a node's taxonomy parent?

I am somewhat new to Drupal and so I hope this question is not too basic. I've spent a ton of time reading around the site and experimenting with modules before posting and am still unable to find an answer - I'd love any pointers.

Here's my challenge: I have a view that I'm displaying in table format. The objects I'm displaying are Ubercart products, each of which have their own taxonomy term (from the product catalog). I'd like to find a way to display the title of the product's taxonomy term PARENT.

In simpler terms, my catalog is displayed as follows:

Category 1
-Product A
-Product B
Category 2
-Product C
-Product D

I'd like the following fields to display:

CATEGORY NAME PRODUCT NAME
Category 1 Product B
Category 1 Product A
..etc.. ..etc..

Right now, I only know how to access the "Product Name" category (this is the taxonomy term of the product). How can I go about displaying the category name of the product (which is one level up in the taxonomy hierarchy)?

Thank you very much.