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What are the examples of standardized products?
are eggs and milk a standardized product
What are examples Of Product Standardization?
are eggs and milk a standardized product
What is product homogeneous?
This condition is characterized by all the firms in an industry producing a standardized product.
What are non-proprietary hardware components?
Non-proprietary hardware components are quite simply components that are standardized or semi-standardized and are not exclusive to one company or subject to restrictive patent licensing.
What does factory system mean?
a manufacturing method for a standardized product or products in which fixed capitail3.3....
What is a non standardized assessment?
A non-standardized assessment is an evaluation method that is not administered or scored in a consistent manner across different individuals or settings. Unlike standardized assessments, which have fixed protocols and scoring criteria, non-standardized assessments can be tailored to individual needs and contexts. Examples include observational assessments, open-ended interviews, and portfolio reviews, allowing for a more personalized understanding of a person's skills or knowledge. These assessments can provide valuable insights, especially in educational and clinical settings, but may lack the reliability and comparability of standardized tests.
Milk in veg or non-veg?
It is non-veg. why b'coz it is the product of animal but not plant product.
Why does pure competition require a standardized product?
Pure competition requires a standardized product to ensure that all firms in the market offer identical goods, making it impossible for any single company to influence prices. This uniformity allows consumers to make choices based solely on price rather than product differentiation, leading to efficient allocation of resources. Standardized products also facilitate easy entry and exit in the market, as firms can quickly adjust to supply and demand without the complexities of varying product offerings.
Markets explained on the basis of supply and demand?
Assume many buyers and many sellers of a standardized product
What does factory mean?
a manufacturing method for a standardized product or products in which fixed capitail3.3....
What are pure competition companies?
Pure competition companies are companies have no control of the price of their product. Their product is standardized throughout all of the companies selling it. There are large numbers of both buyers and sellers of the product.
What are non manufactured?
non-manufactured goods are unprocessed farm product (vegetables, fruits...) fishery product...
