Question : Which function of marketing is highlighted in the given statement? Statement: It should be carefully selected as it place an important role in the success of a product.
Option 1: Gathering and analysing market information
Option 2: Product designing and development
Option 3: Packaging and labelling
Option 4: Branding
Correct Answer: Branding
Solution : Branding refers to giving a special name to the product. Brand name distinguishes the product from computers product and helps in building customers loyalty and in promoting it's sales. The brand name should be carefully selected as it place an important role in the success of a product.
Hence, option D is correct.
Question : Which function of marketing is highlighted in the given statement? Statement: It is necessary to collect and analyse market information.
Question : Which function of marketing is highlighted in the given statement? Statement: It refers to giving a special name to the product.
Question : Which function of marketing is highlighted in the given statement? Statement: It fills this place by carrying good from place of production to place of consumption.
Question : Which function of marketing is highlighted in the given statement? Statement: It involves taking decisions regarding features, design, shape, size appearance, etc., about the product.
Question : Which function of marketing is highlighted in the given statement? Statement: It is an important feature of the product as labels provide detailed information about the product its contents method of use,etc
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