A Standardized Good or Service Is One

question 95

Multiple Choice

A standardized good or service is one:

• A) for which any two units of it have the same features and are interchangeable.
• B) for which any two units of it have similar features that could be considered close substitutes.
• C) for which any two units of it have different, unique features.
• D) that has very distinguishable characteristics, with each unit being economically unique.

---

Definitions:

Organizational Myths

Widely held but false beliefs within an organization that influence its culture and decisions.

Social System

An organized collection of roles and norms that regulate the behavior and expectations of individuals within a group.

Rituals

Are formal, often repeated behaviors and practices that carry symbolic meaning within a culture or organization.

Sagas

Long, involved stories or series of incidents that are often related to historical events, legends, or the adventures of a hero.