A Process by Which Products Are Produced Costs-Effectively in High-Volume

question 46

True/False

A process by which products are produced costs-effectively in high-volume but are customised to meet individual needs is known as mass-customisation.

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Definitions:

Gift Irrevocable

A gift that, once given, cannot be taken back or annulled by the donor.

Inter Vivos

Latin for "between the living," refers to actions or gifts made during one's lifetime, as opposed to those made upon death.

Certificate Of Title

An official document that declares the legal owner of a piece of property, such as a vehicle or real estate.

Mountain Bike

A bicycle designed for off-road cycling, featuring durable construction and special tires for handling rough terrain.