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Special-Purpose Technology Is a Common Way of Offering Increased Customization

question 72

True/False

Special-purpose technology is a common way of offering increased customization in manufacturing or services without taking on additional labor costs.


Definitions:

Seller

An individual or entity that offers a product or service for sale.

Buyer

An individual or organization that purchases goods or services for personal use or for the purpose of resale.

GATT

General Agreement on Tariffs and Trade, an international trade agreement aimed at reducing tariffs and other trade barriers.

World Trade Organization

An international organization that regulates international trade.

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