________ is an industry condition in which a standard set of features and benefits is required for any serious competitor, and in which the materials needed to provide those features and benefits are readily available from a variety of suppliers.
A) Developmental stability
B) Product consistency
C) Supplier stability
D) Commoditization

Question

Quizplus · Accepted Answer

Commoditization is when products become indistinguishable from each other in terms of features and benefits, and the materials needed are easily accessible from multiple suppliers.

________ Is an Industry Condition in Which a Standard Set