The mass-customization approach is not useful if a firm wants to focus on a particular market segment.
Answer the following statement true (T) or false (F)
False
With the mass-customization approach, a firm may still focus on certain market segments within a broad product-market. However, in serving individuals within those target segments it tries to get a competitive advantage by finding a low-cost way to give each customer more or better choices.
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Domestic-based export merchants ________
A) buy manufacturers' products and then sell them abroad B) manage a company's export activities for a fee C) buy foreign products and sell them in the domestic country D) seek and negotiate foreign purchases E) carry on exporting activities on behalf of several producers
What technological advancement created for mobile devices has unleashed a new era of pricing transparency for consumers?
A. GPS systems B. SIM cards C. text messaging D. wireless apps E. mobile banking
If markets are in equilibrium, which of the following conditions will exist?
A. Each stock's expected return should equal its realized return as seen by the marginal investor. B. Each stock's expected return should equal its required return as seen by the marginal investor. C. All stocks should have the same expected return as seen by the marginal investor. D. The expected and required returns on stocks and bonds should be equal. E. All stocks should have the same realized return during the coming year.
Which of the following is not a proper citation to an Internal Revenue Code section?
A. Sec. 1001 B. IRC 1001 C. Section 1001 D. ยง1001