_________ is the process of classification of products into different groups on the basis
of some of its important characteristics.
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Answer: Grading is the process of classification of products into different groups on the basis of some of its important characteristics.
Explanation: A Product can be classified into two groups:
- Customer product or consumer products.
- Industrial product
Grading is referred to as the classification of a product into different groups based on characteristics like shape, size, color , odour.
This helps in simplifying the search for a particular product.
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