Given below are two statements labeled as Assertion (A) and Reason (R). Assertion (A): Every product or service should be branded, otherwise they will be treated as a commodity. Reason (R): If the product or service is branded, then it always commands a higher price. Read the statements and choose the correct answer from the options given below:

Question

Economics · Marketing Management

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Share:

Correct answer

(A) is correct but (R) is incorrect

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on Marketing Management?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in Economics · Marketing Management

The 'Drain of Wealth' theory was propounded by which Indian nationalist leader?

Which event is considered the turning point in Mahatma Gandhi's leadership in the Indian independence movement?

Which African leader is known for his non-violent opposition to colonial rule?

Answer 1

Both (A) and (R) are incorrect

Answer 2

(A) is correct but (R) is incorrect

Answer 3

Both (A) and (R) are correct but (R) is not the right explanation of (A)

Answer 4

Both (A) and (R) are correct and (R) is the right explanation of (A)

Related Practice Questions