A label on a product such as "Three Crown Milk" is a form of?

Assessment: WAEC SSCE - Commerce - 2002 (Objective) Subject: Commerce

Question 1 Report

A label on a product such as "Three Crown Milk" is a form of?
Answer Details
A label on a product like "Three Crown Milk" is a form of branding. Branding refers to the use of a name, term, design, symbol, or other feature that identifies a seller's goods or services and distinguishes them from those of other sellers. A label is an essential part of a product's branding as it contains important information about the product, such as its name, ingredients, nutritional value, and manufacturer. A well-designed label can also help to create a positive perception of the product in the minds of consumers, leading to increased sales and customer loyalty.
Read lesson note on Legal Aspect Of Business (WAEC)
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