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Q.Which of the following is an act of assigning a name or a symbol to a product ?

(a) Production
(b) Branding
(c) Packaging
(d) Labelling
Goa GbshseGBSHSE Goa Class 12 Board Exam (Commerce) 2026MCQ· 1mImportance★★★★★
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The act described is Branding.

  • Production is the process of converting inputs into finished goods/services.
  • Branding is specifically the act of giving a product (or a line of products) an identifying name, term, sign, symbol or design, or a combination of these, which helps customers recognise and distinguish it from competing products, and allows the firm to build loyalty and charge a premium.
  • Packaging is designing and producing the container or wrapper for a product. …

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