Question

From the perspective of manufacturers, standardization means:

A. making identical, interchangeable components or complete products.
B. making the exact product a particular customer needs or wants.
C. ensuring that each product is sold at the same price.
D. meeting the benchmark set by a market leader.
E. ensuring that one's product has the exact same features as that of a competitor.

Answer 1

Answer:

The correct answer is the option A: making indentical, interchangeable components or complete products.

Explanation:

To begin with, the concept of standardization in the field of business is a process that involves the fact of being certain aspects that need to be done in order to accomplish the same goal. In the case of the manufacturers, it means that they need to make every good the same, therefore that it means making identical, interchangeable components or complete products as well in order to keep everytime the same results.

Answer 2

Answer:

A. making identical, interchangeable components or complete products.

Explanation:

From the manufacturer's point of view standardisation is the process by which goods and services are produced according to standards based on consensus between all parties in an industry.

Standardisation ensures that there is a consistent quality between products In the same industry.

So products are identical, interchangeable components or complete products based on the standard that guides production.

The various stakeholders considered in setting standards are users, governments, corporations, and standards organisations