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Explain the following function of marketing: Grading - Business Studies

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Question

Explain the following function of marketing:

Grading

Short Note

Solution

Grading is the process of classification of products according to similar characteristics and/or quality. Grading is done on the basis of their features like size, shape quality etc. Generally grading is done in case of agricultural products like wheat, rice, potatoes etc.

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2013-2014 (March) All India Set 1
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