Question : It helps in creating product differentiation. Which function of management is highlighted in the given statement?
Option 1: Packaging
Option 2: Labeling
Option 3: Branding
Option 4: Grading
Correct Answer: Branding
Solution : Brand name distinguishes the product from competitor's product and helps in building customers loyalty and in promotioning it sales.
Hence, option C is correct.
Question : It should be carefully selected as it plays an important role in the success of a product. Which function of marketing is highlighted in the given statement?
Question : Which function of packaging is highlighted in the given statement? Statement: It makes the identification of a product easy.
Question : It ensures that goods belong to a particular quality and helps in realising higher prices for higher quality product. Which function of marketing is highlighted in the given statement?
Question : Which function of packaging is highlighted in the given statement? Statement: It protects the product from spoilage.
Question : Which function of marketing is highlighted in the given statement? Statement: It refers to giving a special name to the product.
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