A Widespread Shift to Mass Customization Has Not Occurred Because

question 54

Multiple Choice

A widespread shift to mass customization has not occurred because firms found that

• A) production costs were still high.
• B) the Internet offered a low-cost way to get a lot of orders.
• C) mass production is always better.
• D) economies of scale provides a better alternative.
• E) technology introduces a new set of problems.

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Definitions:

Clayton Act

A U.S. antitrust law aimed at promoting competition by prohibiting certain types of anti-competitive practices.

Sherman Act

A foundational antitrust law in the United States aimed at promoting competition by prohibiting monopolies and unfair business practices.

Antitrust Law

A body of laws and regulations aimed at promoting business competition and preventing unfair business practices such as monopolies, cartels, and mergers that limit competition.

Competition

The rivalry among businesses to attract customers, increase sales, and develop innovative products and services.