MCQ
Statement I: Marketing planning covers various important aspects including the plan for increasing the level of production, promotion of the products, etc., and specifies the action programmes to achieve these objectives.
Statement II: Standardisation is the process of classification of products into different groups, on the basis of some of its important characteristics such as quality, size, etc.
Statement II: Standardisation is the process of classification of products into different groups, on the basis of some of its important characteristics such as quality, size, etc.
- ✓Statement I is correct and Statement II is not correct.
- BBoth the Statements I and II are not correct.
- CStatement II is correct and Statement I is not correct.
- DBoth the Statements I and II are correct.