Can A Commodity Be A Service at Isabella Bailey blog

Can A Commodity Be A Service. A commodity is a basic good used in commerce that is interchangeable with other commodities of the same type. In economic terms, commodities are vital components of commerce that are standardised and hence easy to exchange for. A commodity is a raw material used in the production process to manufacture finished goods, while a product is a finished good sold to consumers. A service is nothing but a commodity, to which value addition is done and can be differentiated. It depends entirely on what kind of value addition is done to it, the brand selling the. A service is nothing but a commodity, to which value addition is done and can be differentiated. While commodities are priced uniformly worldwide, the same cannot be said for services. Commoditization may happen with a product, service or security, but in all cases three conditions must be met for a good or service to become a commodity:.

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from docs.oracle.com

A commodity is a raw material used in the production process to manufacture finished goods, while a product is a finished good sold to consumers. Commoditization may happen with a product, service or security, but in all cases three conditions must be met for a good or service to become a commodity:. A commodity is a basic good used in commerce that is interchangeable with other commodities of the same type. While commodities are priced uniformly worldwide, the same cannot be said for services. A service is nothing but a commodity, to which value addition is done and can be differentiated. It depends entirely on what kind of value addition is done to it, the brand selling the. A service is nothing but a commodity, to which value addition is done and can be differentiated. In economic terms, commodities are vital components of commerce that are standardised and hence easy to exchange for.

View Commodity

Can A Commodity Be A Service A service is nothing but a commodity, to which value addition is done and can be differentiated. Commoditization may happen with a product, service or security, but in all cases three conditions must be met for a good or service to become a commodity:. It depends entirely on what kind of value addition is done to it, the brand selling the. While commodities are priced uniformly worldwide, the same cannot be said for services. A commodity is a basic good used in commerce that is interchangeable with other commodities of the same type. In economic terms, commodities are vital components of commerce that are standardised and hence easy to exchange for. A commodity is a raw material used in the production process to manufacture finished goods, while a product is a finished good sold to consumers. A service is nothing but a commodity, to which value addition is done and can be differentiated. A service is nothing but a commodity, to which value addition is done and can be differentiated.

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