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Standardised products are ______ in nature.

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Question

Standardised products are ______ in nature.

Options

  • Heterogeneous

  • Spontaneous

  • Homogeneous

  • Extraneous

MCQ
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Solution

Standardised products are homogeneous in nature.

Explanation:

When a product is standardised, it indicates that it has been created or made consistently, with little to no difference across different product units. This means that standardised items are homogeneous in nature. Because of this, every unit of the product is virtually identical to one another, making it homogenous.

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Chapter 1: Markets and Marketing - EXERCISES [Page 12]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 1 Markets and Marketing
EXERCISES | Q 46. | Page 12
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