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Microsoft Office Skills MCQs

What is "commodity value"?an important business term of relevance to most office environments?

The value of all the office hardware, including computers and furniture.

An economics term meaning the intrinsic value under optimal, often free-market conditions of the product the company sells or manufactures.

The value of common decency between employees of a given office.

The cost in petty cash of all company-expense dinners in a given month.

Answer

Correct Answer: An economics term meaning the intrinsic value under optimal, often free-market conditions of the product the company sells or manufactures.

Explanation:

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