Question : Which of the following statement is correct?
Statement 1: Branding provides convenience in the carriage of product from one place to another.
Statement 2: Packaging simplifies the work of sales promotion.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 1 is false and statement 2 is true.
Correct Answer: Both are false
Solution : Branding refers to the creation and establishment of a brand, which includes the name, design, symbol, and other characteristics that differentiate a company's products or services from those of its competitors. Packaging can play a role in sales promotion by catching the attention of potential customers and conveying important information about the product.
Option B is correct.
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