Question : Which function of marketing is highlighted in the given statement? Statement: It refers to giving a special name to the 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 distinguish the product from competitors product and helps in building customers loyalty and promoting sales.
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 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 should be carefully selected as it place an important role in the success of a 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
Question : Which function of marketing is highlighted in the given statement? Statement: It is important to analyse available opportunities and threats as well as strength and weakness of the organisation.
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