Packaging Serves Which Three Major Functions

question 56

Multiple Choice

Packaging serves which three major functions?

• A)Protection, promotion and user convenience
• B)Promotion, user information and branding
• C)Convenience, brand promotion and adherence to government regulations
• D)Brand promotion, user convenience and labelling

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Definitions:

Supplies

Materials and items consumed or used in the day-to-day operations of a business but not directly tied to the products manufactured.

Utilities Expense

The cost incurred by a business for basic services such as electricity, water, gas, and sewage during an accounting period.

Owner's Equity

The residual interest in the assets of a business after deducting liabilities, representing the ownership value.

Liabilities

Financial obligations or debts a company owes to external parties or entities.