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Question
Explain the following term/concept.
Packaging
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Solution
Packaging means designing the package for the product. It helps to avoid breakage, damage, and destruction of the product.
Packing material includes bottles, containers, plastic bags, tin, wooden boxes, jute bags, bubble bags, packing foam, etc.
RELATED QUESTIONS
______ is a slip which is found on the product and provides all the information regarding the product and its producer.
Answer in one sentence.
What do you mean by ‘standardisation’?
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.
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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?
Justify the following statement.
There is a need for branding to get recognition among consumers.
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.
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Who is supreme in the Market?
Define Product.
Explain the following term/concept in detail:
Branding
