Business Studies, asked by amarnani1549, 11 months ago

Write short notes on Grading and Standardisation.

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Answered by ankit1978
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Standardization means that goods are of a specified and uniform quality. Grading is the process of sorting individual units of a product into well defined classes or grades of quality. ... Thus, grading involves the division of products into classes made up of units possessing similar characteristics of size and quality.

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