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

---

Definitions:

Internal Rate of Return

The rate of return that brings the total net present value of a project's cash flows to zero.

Investment

Investment is the allocation of resources, typically money, with the expectation of generating an income or profit.

Internal Rate of Return

A metric used in capital budgeting to estimate the profitability of potential investments, representing the rate of return at which the net present value of costs and benefits of the project equals zero.

Multiple Rates

In finance, often refers to situations where different interest rates apply to different portions of a financial transaction or investment period.