Discuss the Four Types of Primaries

question 38

Essay

Discuss the four types of primaries.

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Definitions:

Product Availability

The extent to which a good or service is available for purchase at any given time.

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.