Firms That Use Mass Customization

question 223

Multiple Choice

Firms that use mass customization

• A) may target either business customers or final consumers.
• B) may be able to take advantage of the Internet for orders.
• C) may be able to give their customers more or better choices.
• D) are likely to have higher costs than do firms who produce more standardized products, but may earn better profit margins.
• E) All of these

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Definitions:

Randomized

Pertains to assigning participants or variables in a study in a manner that is entirely based on chance, ensuring equitable distribution across various conditions or treatments.

Prospective Study

An observational research method in which participants are followed over time to observe outcomes of interest.

Retrospective Study

A research method that looks back at historical data or events to analyze outcomes or associations.

Childhood Obesity

A serious medical condition affecting children and adolescents, characterized by excess body fat that may have adverse effects on health.