Question
Explain any three merits of packaging.

Answer

Merits of packaging are:
  1. Self-service outlets: Packaging acts as a silent salesman' in self-service outlets by providing detailed information about the product.
  2. Rising standards of health and sanitation: Because of increasing consciousness about health and sanitation, people now prefer to buy packaged goods.
  3. Product differentiation: Packaging helps to create differentiation amongst products on the basis of different colour, size and material of the package.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Similar questions

If an organisation follows the following principles of management, state some of their positive effects on the organisation.
  1. Esprit De Corps.
  2. Initiative.
'Financial market plays an important role in the allocation of scarce resources in an economy by performing many important functions.' Explain any three such functions.
How can you say that ‘controlling is not necessarily looking back, it is looking forward also’?
What are the essentials of a good package?
Suhasini, a home science graduate from a reputed college, has recently done a cookery course. She wished to start her own venture with a goal to provide ‘health food’ at reasonable prices. She discussed her idea with her teacher (mentor) who encouraged her. After analysing various options for starting her business venture, they short listed the option to sell ready made and ‘ready to make’ vegetable shakes and sattu milk shakes. Then, they weighed the pros and cons of both the short listed options.
  1. Name the function of management being discussed above and give any one of its characteristics.
  2. Also briefly discuss any three limitations of the function discussed in the case.
SEBI is the watch dog of security market. Do you agree? Give three reasons in support of your answer.
The directors of Bajaj Ltd. have decided to modernize the plant and machinery at an estimated cost of ₹ 1 crore, but could not decide whether to issue equity shares or debentures for this purpose. As finance manager of the company, advise the directors whether to issue equity shares or debentures in the interest of the company and why?
What is meant by 'Formal Organisation'? State its any two advantages.
Give three objectives of standardisation of work.
Distinguish between ‘formal’ and ‘informal’ communication.