"Producing goods of predetermined specifications which helps in achieving uniformity and consistency in the output". This statement is related to:

1. Standardisation
2. Grading
3. Packaging
4. Labelling

Option 1 -> Standardisation refers to setting predetermined specifications and standards for production, ensuring uniformity and consistency in output.

Option 2 -> Grading involves classifying already produced goods into different categories based on quality, size, or features.

Option 3 -> Packaging refers to the process of wrapping or containing products for protection, preservation, and attractive presentation.

Option 4 -> Labelling involves providing information about the product, brand, manufacturer, and usage instructions on a label.

Hence, Option 1: Standardisation -> Standardisation is the process of setting up basic measures or standards for products, which involves producing goods according to predetermined specifications. This ensures uniformity and consistency in the output, making products comparable and maintaining quality standards across production batches -> correct