Explain grading. - Organisation of Commerce and Management

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Answer in Brief

Explain grading.

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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 the case of agricultural products like wheat, rice, potatoes, etc.

Concept: Functions of Marketing
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Chapter 8: Marketing - Exercise [Page 168]
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