Question : It is necessary for products which are not produced according to predetermine specifications such as in the case of agriculture products. Which function of marketing is highlighted in the given statement?
Option 1: Packaging
Option 2: Labelling
Option 3: Standardization
Option 4: Grading
Correct Answer: Grading
Solution : Grading is the process of classification of products into different groups on the basis of some of its important characteristics such as quality,size,etc. Grading is particularly necessary for products which are not produced according to predetermined specifications.
Hence, option D is correct.
Question : It refers to designing and developing the package for the products. Which function of marketing is highlighted in the given statement?
Question : It refers to designing and developing the label to be put on the package. Which function of marketing is highlighted in the given statement?
Question : It reduces the need for inspection testing and evaluation of the product. Which function of marketing is highlighted in the given statement?
Question : It is important for the protection of the product but it also serve as a promotional tool. Which function of marketing is highlighted in the given statement?
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?
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