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A commodity standard is products and services that may vary slightly in quality, but are overall the same across various producers of the same products and services such as gold or oil. All commodities must meet a minimum standard called the basis grade. A non-commodity standard is measured mainly from a product perspective rather than a service perspective such as a certain brand of television or vehicle and its global quality standards.

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Q: What is the difference between commodity standard from a non-commodity standard?
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