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With IT,the Old Standardized Assembly Line Has Become Quickly Adaptable

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With IT,the old standardized assembly line has become quickly adaptable because workers have instantaneous access to assembly instructions for all the product options,and equipment can be changed quickly for each customer's order.


Definitions:

Market Segmentation

The process by which companies cluster customers into homogeneous groups.

Consumer Base

The group of customers or potential customers who are considered the target market for a product or service.

Luxury Car

A vehicle segment that is characterized by high-quality, superior performance, and premium features, often representing status and prestige.

Standardize

To establish and enforce uniform criteria, measurements, or techniques.

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