Manufacturing a Product Only When There Is an Order from a Customer

question 125

Multiple Choice

Manufacturing a product only when there is an order from a customer is referred to as

• A) order customization.
• B) a one product, one market segment strategy.
• C) synergistic marketing.
• D) build-to-order.
• E) specialty customization.

---

Definitions:

Competitive System

An economic system where multiple businesses or entities vie for the same market share, promoting innovation and consumer choice.

Private Sector

The part of the economy that is not controlled by the government and is run by individuals and companies for profit.

Government Failure

Misallocation of resources in the public sector.

U.S. Income Tax

A tax levied by the federal government of the United States on the annual income of individuals, corporations, trusts, and other legal entities.