Paris Miki Enables Customers to Help Design Their Own Eyeglasses,using

question 64

Multiple Choice

Paris Miki enables customers to help design their own eyeglasses,using a system that eliminates the need to try on countless pairs of eyeglasses to find the right one.This is an example of:

• A)mass customization.
• B)synergy.
• C)target marketing.
• D)how the 80/20 rule is implemente

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Definitions:

Inflation

It is the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Probability Range

A statistical measure that quantifies the likelihood of various outcomes for an event, often expressed as a minimum and maximum value.

Returns

The profit or loss derived from an investment over a specific period, expressed as a percentage of the investment's initial cost.

Probability

A measure or estimation of how likely an event is to occur, often expressed as a fraction or percentage.