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The process of giving a name or a sign or a symbol to a product is a part of which element of marketing mix?

Solution

Correct Option: 1

Giving a name, sign, or symbol to a product is branding, which identifies the product and distinguishes it from competitors. Branding is a part of the product mix along with labelling, packaging, and quality. Price, place (distribution), and promotion are the other elements of the marketing mix.

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