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Match Each Description Below to the Appropriate Term (A-G)

question 81

Multiple Choice

Match each description below to the appropriate term (a-g) .

-If the contract rate is less than the effective rate


Definitions:

Product Differentiation

Strategies businesses use to make their products stand out from competitors' by highlighting unique features or benefits.

Customization

The process of modifying or building a product, service, or system to accommodate specific requirements of an individual customer or a particular market segment.

Postponement

A strategy used in supply chain management to delay product customization until customer orders are received.

Replenishment Cycle

The process of restocking products or materials in a supply chain, from ordering to receipt and back to order again.

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