Mass Customization Is a Strategy of Convincing Customers to Choose

question 215

True/False

Mass customization is a strategy of convincing customers to choose from a relatively small number of alternatives in order to achieve the efficiencies of mass production.

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Definitions:

S&P 500

An American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.

Diversified Portfolio

An investment strategy that involves spreading investments across various assets classes to reduce risk, enhance returns, and avoid significant impact from any single asset's performance.

ETFs

Exchange-Traded Funds, investment funds traded on stock exchanges, much like stocks.

MSCI Japan Index

An index designed to measure the performance of the large and mid cap segments of the Japanese market.