Answer the following questions in a clean sheet of paper.
1. Name the Important information in your finished product labels
2. Why is labelling and packaging of products important?
3. What are the appropriate marketing strategies that can be
applied in selling enhanced or decorated finished products?
4. How do we compute for the profit?
1. Name the Important information in your finished product labels
2. Why is labelling and packaging of products important?
3. What are the appropriate marketing strategies that can be
applied in selling enhanced or decorated finished products?
4. How do we compute for the profit?
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Answer:
1.The 7 Parts of Product Labels Required Details. Any legally required details should be listed first, for you must include these on the label and they sometimes have to go in specific places. ...Brand Name. ...Logo. ...Materials used. ...Safety precautions. ...And Supplier or manufacturers.
2.The packaging and labels can be used by marketers to encourage potential buyers to purchase the product.
3.Marketing, often confused with advertising, promotions and public relations, is the function that guides the development and sales of products and services. Depending on your product or service, competition, budget and customer type, your small business can use one or more marketing strategy to grow your company.
4.The formula to calculate profit is: Total Revenue - Total Expenses = Profit.Profit is determined by subtracting direct and indirect costs from all sales earned.
Explanation:
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