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Time management is very much important in IIT JAM. The eduncle test series for IIT JAM Mathematical Statistics helped me a lot in this portion. I am very thankful to the test series I bought from eduncle.
Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
- UGC NET
- Management
Given below are two statements labelled as Assertion (A) and Reason (R).
Assertion (A) : Every product or service should be branded otherwise they will be treated as commodity
Reason (R) : If the product or service is branded then it always commands a higher price.
Read the statements and choose the correct answer from the option given below :
Choose Your Answer:
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Eduncle Best Answer
Branding helps to identify a product and distinguish it from other products and services. Branding is important because not only is it what makes a memorable impression on consumers, but it allows your customers and clients to know what to expect from your company.
Although branded products are sold at a premium but branding does not always commands a higher price.