Asked by Connell Maxwell on Jul 16, 2024

verifed

Verified

_____ refers to standardizing products by dividing them into subgroups and displaying and labeling them so that consumers clearly understand their nature and quality.

A) Transporting
B) Grading
C) Selling
D) Storing
E) Financing

Grading

The process of evaluating or assessing the quality, value, or performance of someone or something, often used in education and product quality assessment.

  • Understand market segmentation and its strategic application in targeting specific customer groups.
verifed

Verified Answer

PB
Preet Batth BatthJul 21, 2024
Final Answer :
B
Explanation :
Grading refers to the process of categorizing products into different groups based on quality, size, weight, etc., to facilitate understanding of their nature and quality for consumers. This standardization helps in simplifying choices for buyers.