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Describe Mass Customization,and Discuss a Critical Element When Pursuing a Customization

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Describe mass customization,and discuss a critical element when pursuing a customization strategy.


Definitions:

Statement Of Cash Flows

A financial document that shows how changes in balance sheet accounts and income affect cash and cash equivalents.

Net Working Capital

The difference between a company's current assets and its current liabilities, indicating the liquid assets available for running its operations.

Discontinued Operations

Parts of a company's core business or units that have been sold, disposed of, or ceased operations, which are reported separately in financial statements.

Interim Report

A financial statement that reports a company's financial performance for a period shorter than a fiscal year, often quarterly.

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