Question

what do you understand by the following term :-
i) brand
ii) consumer
iii) products​

Answer 1

Answer:

1. A brand is an identifying symbol, mark, logo, name, word, and/or sentence that companies use to distinguish their product from others. A combination of one or more of those elements can be utilized to create a brand identity. Legal protection given to a brand name is called a trademark.
2. A consumer is a person or a group who intends to order, orders, or uses purchased goods, products, or services primarily for personal, social, family, household and similar needs, not directly related to entrepreneurial or business activities.

3. A product is the item offered for sale. A product can be a service or an item. Every product is made at a cost and each is sold at a price. ... The price that can be charged depends on the market, the quality, the marketing and the segment that is targeted.

Step-by-step explanation:

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Answer 2

Answer:

1.A brand is an identifying symbol, mark, logo, name, word, and/or sentence that companies use to distinguish their product from others. A combination of one or more of those elements can be utilized to create a brand identity. Legal protection given to a brand name is called a trademark.

2.A consumer is a person or a group who intends to order, orders, or uses purchased goods, products, or services primarily for personal, social, family, household and similar needs, not directly related to entrepreneurial or business activities.

3. A product is the item offered for sale. A product can be a service or an item. Every product is made at a cost and each is sold at a price. ... The price that can be charged depends on the market, the quality, the marketing and the segment that is targeted.

Step-by-step explanation:

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