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What is the significance of branding in marketing?

Practice Questions

1 question
Q1
What is the significance of branding in marketing?
  1. It reduces production costs
  2. It helps in product differentiation
  3. It increases employee morale
  4. It simplifies distribution

Questions & Step-by-step Solutions

1 item
Q
Q: What is the significance of branding in marketing?
Solution: Branding is significant in marketing as it helps in product differentiation, making it easier for consumers to identify and choose products.
Steps: 0

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