Mass Customization Enables Manufacturers to Be More Responsive to Customer

question 27

True/False

Mass customization enables manufacturers to be more responsive to customer demands for high quality products.

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Definitions:

Normative Statements

Statements that express opinions about how the world ought to be, involving subjective judgments or prescriptions for economic policies.

Normative Statements

Normative statements express opinions or judgments about what ought to be and are not based on empirical evidence.

Economists

Professionals who study the distribution, production, and consumption of goods and services by analyzing economic data, developing theories, and evaluating economic policies.

Policy Advisers

Experts who provide insights and recommendations on governmental or corporate strategies and policies.