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There Are Two Broad Categories of Controls

question 17

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There are two broad categories of controls. These are:


Definitions:

Mass Customization

A strategy that combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.

Not-for-profit Organizations

Organizations that operate for purposes other than generating profit, using surplus revenues to achieve their goals.

Marketing Strategies

Planned actions aimed at promoting and selling a product or service to target customers.

Utility

In economics, utility refers to the total satisfaction received from consuming a good or service.

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