Advertisements
Advertisements
Question
What do you mean by grading?
Solution
Grading is the process of classification of products according to similar characteristics and/or quality.
APPEARS IN
RELATED QUESTIONS
______ is a slip which is found on the product and provides all the information regarding the product and its producer.
What do you mean by Branding?
Correct the underlined word and rewrite the following sentence.
Pricing bridges the time gap between the production and sale of goods.
Correct the underlined word and rewrite the following sentence
Branding is the process of classification of products according to similar characteristics and/ or quality.
Arrange in proper order.
Grading, Market planning, Distribution
Explain the following term/concept.
Labeling
Study the following case/situation and express your opinion.
| Mr. X purchases goods from the nearest shop. Mr. Y purchases mobiles from Tokyo. Mr. Z of Nandurbar purchases electronic goods from Delhi. |
- From which type of market does Mr. X purchase?
- Name the type of market from where Mr. Y deals?
- State the type of market from where Mr. Z purchases goods?
Explain packaging.
Explain standardization.
Explain labeling.
Give one word or phrase or a term which can substitute the following.
A process of giving special identity in the market for product.
_____________ is set of activities which is concerned with efficient movement of finished goods from place of production to place of consumption.
Who is supreme in the Market?
What is meant by Grading?
Define Product.
