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Question
What do you mean by Branding?
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Solution
Branding is a process of giving special identity to a product through a unique brand name to differentiate it from competitor's products.
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Answer in one sentence.
What do you mean by ‘standardisation’?
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
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 grading.
Who is supreme in the Market?
Define Product.
Explain the following term/concept in detail.
Pricing of Product
Marketing is best defined as the exchange of goods and services from producers to consumers or users in a way that:
Marketing planning means:
Labelling refers to:
Branding means:
Promotion means:
Transportation of goods is needed because:
Storage or warehousing serves to bridge:
Which functions of marketing directly influence demand and loyalty?
Which functions of marketing maintain a steady availability of products to consumers?
