Option 1 -> Labelling refers to displaying product information like brand name, price, ingredients, and instructions on the product packaging.
Option 2 -> Grading is the process of classifying products into different quality categories or classes based on characteristics like size, quality, and features.
Option 3 -> Standardisation is the process of setting and following predetermined specifications, norms, and standards for producing goods to ensure uniformity and consistency.
Option 4 -> Inspection is the process of examining and checking products to verify whether they meet the required quality standards and specifications.
Hence, Option 3: Standardisation -> Standardisation involves producing goods according to predetermined specifications, ensuring uniformity in size, quality, design, and other features across all units of production -> correct