What Is the Ability of an Organization to Tailor Its

question 108

Multiple Choice

What is the ability of an organization to tailor its products or services to the customers' specifications?

• A) Personalization
• B) Long tail
• C) Mass customization
• D) Information reach

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Definitions:

Short-term Memory

A memory system that temporarily retains information for a brief period, usually up to 30 seconds, before it is stored permanently or forgotten.

Capacity

The ability or power to do, experience, or understand something, often used in the context of mental or physical capabilities.

Cocktail Party Effect

The ability to focus one's auditory attention on a particular stimulus while filtering out a range of other stimuli, much like being able to focus on a single conversation in a noisy room.

Selective Memory

The phenomenon of remembering certain information while forgetting others, often influenced by emotional factors.