Do branding, packaging and labeling really benefit consumers? If so, how? Should manufacturers be required to provide certain information on their labels (if so, what types of information should be required?). Explain and provide examples.

Please address the following Discussion Topic:
Do branding, packaging and labeling really benefit consumers? If so, how? Should manufacturers be required to provide certain information on their labels (if so, what types of information should be required?). Explain and provide examples.

Tips for good Discussion Posts:
A discussion should include the following:

State what is your understanding of the topic and its importance in a business environment?
State why you think what you think. Make a point. Examine your knowledge, beliefs and experience. It is also a good place to provide support for your response.
State what you wish you knew or directly solicit feedback from classmates. In other words ask questions.