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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
 


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 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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