________ Implies That a Firm May Be Able to Customize

question 41

Multiple Choice

________ implies that a firm may be able to customize its product range to suit the needs of different customer groups without bearing a significant cost penalty.

• A) Assembly-line production
• B) Mass customization
• C) Six Sigma production
• D) Product standardization

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Definitions:

Brain Functioning

Encompasses the activities and processes that take place in the brain, including thought, emotion, and the regulation of the body's systems.

Genetic Factors

Refers to the traits and conditions determined by an individual's genes and hereditary influence.

Mental Flexibility

The cognitive ability to switch between thinking about two different concepts, or to think about multiple concepts simultaneously.

Stress

A physical or psychological response to internal or external pressures or threats, often characterized by feelings of tension and anxiety.