GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ refers to classifying the product into different groups with same characteristics.
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grading
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branding
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packaging
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labeling
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Explanation:
Detailed explanation-1: -Grading is the process of classification of products into different groups based on its characteristics.
Detailed explanation-2: -There are two (2) main categories of products; Consumer Products and Business Products. Consumer products are sold to individuals to satisfy personal or family needs. Business products are sold to businesses to satisfy their needs or bought by a form to make into other products.
Detailed explanation-3: -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.
There is 1 question to complete.