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?
Option 1: Packaging
Option 2: Labelling
Option 3: Standardization
Option 4: Grading
Answer (1)
9th Jan, 2024
Correct Answer:
Grading
Solution : Grading ensures that goods belong to a particular quality and helps in obtaining higher price for higher quality product.
Hence, option D is correct.
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