Mass customization means using the principles of mass production to appeal to the unique needs of individual customers and smaller segments of the market.
Answer the following statement true (T) or false (F)
True
A wide variety of companies are now looking for innovative ways to serve smaller segments of customers by using mass customization-tailoring the principles of mass production to meet the unique needs of individual customers.
You might also like to view...
When a conflict arises, Lance tends to gloss over differences and downplay the involved disagreements. He is not assertive but is quite cooperative. His friends have suggested that Lance uses which of the following?
A. a compromising style B. an avoiding style C. a competitive style D. an accommodative style
The advantage of the continuous panel is they represent a large group of persons who have made themselves available for research
Indicate whether the statement is true or false
What are the four basic elements necessary for a valid contract?
Strict liability is based upon the concept of liability without fault
Indicate whether the statement is true or false