Grading Or Standardization
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Byers and sellers always prefer to have certain predetermined standards for
products . A standards , thus is measure that is generally recognized as
having a fixed value . The standards are generally determined on the basis
of color , weight , quality and other special or general features of the
products .
Grading enables to have a comparison of quality and price . It's said " the
gradings where Standardization ends " . It's generally used in connection with
the agricultural produce and raw materials . This will help to have uniform
price in all markets .
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