Which of the Following Statements About Mass Customization Is True

question 190

Multiple Choice

Which of the following statements about mass customization is True?

• A) There has been a widespread shift to mass customization by thousands of companies.
• B) The biggest successes in mass customization have all been in consumer markets as opposed to business markets.
• C) If a company is to succeed with a mass customization strategy, it must be able to find a low-cost way to produce the products.
• D) All of these.
• E) None of these.

---

Definitions:

Debt

An amount of money borrowed by one party from another, under the condition it will be paid back with interest, often used for investments, operations, or purchases.

Equity

The value of an ownership interest in a company, representing shareholders' stake after debts and liabilities have been settled.

Capital Budgeting

The process that a business uses to evaluate potential major investment or expenditure projects, using various techniques to determine their value.

Working Capital Management

The supervision of a company's short-term assets and liabilities to ensure its efficient operation and financial stability.