Question

What is the meaning of the term brand from standard 7?

Answer 1

$\bf\huge\color{red}{ANSWER}$

A brand is the name of something which is made generally to differentiate it in the market from other products.

Answer 2

Thus brands help harried consumers in crowded and complex marketplace, by standing for certain benefits and value. Legal name for a brand is trademark and, when it identifies or represents a firm, it is called a brand name. See also corporate identity.