Customization Is Not for Every Company

question 73

True/False

Customization is not for every company.It may be very difficult to implement for complex products such as automobiles.

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Definitions:

Wholesale Price

The cost of goods sold in large quantities primarily to retailers or other merchants, rather than directly to consumers.

Laws of Nature

Fundamental principles or forces that govern the physical universe, including laws of physics, chemistry, and biology.

Juriscience

The scientific study of law and legal principles, often employing methods from various disciplines to understand legal systems.

Diamond v. Chakrabarty

A landmark U.S. Supreme Court decision in 1980 that held genetically modified organisms can be patented, expanding the scope of what is considered patentable material.