For the following two statements choose the correct option: (1)Statement I: Branding helps in differentiating the product from that of its competitors.Statement II: Packaging facilitates the use of a product.Choose the correct option from the options given below:a) Statement I is true and II is falseb) Statement II is true and I is falsec) Both statements are trued) Both statements are fals

I. Branding is the process of creating a unique identity for a company.II. Packaging only serves to protect the product.Group of answer choicesStatement I is True; Statement II is FalseBoth statements are TrueBoth Statements are FalseStatement I is False, Statement II is True

Which of the following is the best definition of branding?Group of answer choicesthe materials used to package the productcreating a unique identity for a productthe physical characteristics of a productthe price charged to the product

I. Brand essence should be consistent with the brand personality.II. Packaging is only about the external look of the product.Group of answer choicesBoth statements are TrueStatement I is True; Statement II is FalseStatement I is False, Statement II is TrueBoth Statements are False

I: The purpose of packaging is to provide detailed information about the product. II: The purpose of labeling is to protect the product.Group of answer choicesStatement I is True; Statement II is FalseBoth Statements are FalseBoth statements are TrueStatement I is False, Statement II is True

Statement 1: A brand is defined as a bundle of attributes capable of exchange or use; usually a mix of tangible and intangible forms.Statement 2: A product is a name, term, design, symbol or any other feature that identifies one seller’s good or service as distinct from those of other sellers. Both statements are false. Statement 1 is True, and Statement 2 is false. Both statements are true. Statement 1 is False, and Statement 2 is True.