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Question

In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank.

Students of marketing know that the term Unique Selling Proposition, or USP was developed in the 1940s in the United States. USP is (1) ______ as the true value (2) ______ a firm. At the core of (3) ______ successful business, there is (4) ______ a value proposition, something (5) ______ promoters and the managers are proud of.

Select the most appropriate option to fill in blank No.1.

The correct answer is

regarded

Filling Blank 1 in the Marketing Passage

The question asks us to select the most appropriate word to fill in blank No. 1 in the given passage. The passage discusses the term Unique Selling Proposition, or USP, in the context of marketing.

Analyzing the Passage and Blank 1

The relevant part of the passage for blank 1 is:

"USP is (1) ______ as the true value..."

This sentence structure "is ______ as" typically requires a word that indicates how something is considered, seen, or defined. Let's look at the options provided for blank No. 1:

  1. regarded
  2. reviewed
  3. referred
  4. repeated

Evaluating the Options

Let's examine each option to see which one fits grammatically and contextually in the sentence "USP is ______ as the true value...":

  • Regarded: To be 'regarded as' something means to be considered or thought of as that thing. "USP is regarded as the true value..." means USP is considered the true value. This fits the context of defining what USP represents.
  • Reviewed: To be 'reviewed as' something doesn't make typical grammatical sense. Reviewing is usually about examining or assessing something critically.
  • Referred: The phrase is typically "referred to as". "USP is referred as..." is grammatically incorrect. Even if it were "referred to as", referring is about calling something by a certain name or description, which might fit, but "regarded as" is a more common and direct way to express that something is considered to be a particular thing.
  • Repeated: To be 'repeated as' something doesn't make grammatical sense in this context. Repeating means saying or doing something again.

Based on this analysis, "regarded" is the word that fits both the grammar and the meaning of the sentence, indicating how USP is considered or defined within marketing.

Selecting the Most Appropriate Word for Blank 1

The phrase "is regarded as" is a common and correct construction used to state what something is considered to be. Therefore, "regarded" is the most appropriate option to fill blank No. 1.

The sentence with blank 1 filled would be:

"USP is regarded as the true value..."

Revision Table: Analyzing Word Options for Blank 1

Option Meaning in Context Grammatical Fit Suitability for Blank 1
regarded Considered; thought of as. Fits ("is regarded as"). Most appropriate.
reviewed Examined; assessed. Does not fit grammatically ("is reviewed as"). Inappropriate.
referred Called by a name/description. Does not fit grammatically ("is referred as" should be "is referred to as"). Inappropriate.
repeated Said or done again. Does not fit grammatically or contextually. Inappropriate.

Additional Information: What is a Unique Selling Proposition (USP)?

The passage mentions the Unique Selling Proposition (USP). A USP is a factor that differentiates a product or service from its competitors. It's the unique benefit that a company offers to its customers, which is not offered by the competitors. It highlights what makes a product or service stand out. Identifying and communicating a strong USP is crucial for a business's success in marketing, as it tells potential customers why they should choose that specific product or service over others.

Key aspects of a USP often include:

  • Specificity: It highlights a specific benefit.
  • Uniqueness: Competitors don't offer this benefit, or don't emphasize it.
  • Desirability: It's something customers actually want or value.
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Important Questions from Vocab Based Questions

  1. Which of the following fits the blank (1) appropriately?

  2. Which of the following fits the blank (2) appropriately?

  3. Which of the following fits the blank (3) appropriately?

  4. Which of the following fits the blank (4) appropriately?

  5. Which of the following fits the blank (5) appropriately?

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