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.