Mass Customization Is an Important Production Method to Marketers Because

question 75

Short Answer

Mass customization is an important production method to marketers because
it promotes loyal customers.
it allows marketers to provide products that satisfy specific needs of consumers.
it speeds the production cycle, providing time utility to customers.
its focus on delivering quality products leads to customer satisfaction.
it ensures profitability.

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Definitions:

Gauge Of Inflation

A measure that reflects how much and how quickly prices for goods and services rise over a period, indicating the rate of inflation.

Basket Of Goods

A fixed set of consumer products and services valued on a regular basis for purposes of tracking inflation.

CPI

The Consumer Price Index measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

Every Month

Refers to occurrences or measurements that happen or are evaluated on a monthly basis.