Asked by Jordan Jeyachandran on May 08, 2024
Verified
Mass customization attempts to blend unique features into standardized goods and services.
Mass Customization
A production technique that allows for personalization or tailoring of products to individual customers' preferences while maintaining the efficiency of mass production.
- Gain insight into the sophisticated elements and considerations that influence pricing strategies and decisions.
Verified Answer
VS
Valencia SimoneMay 11, 2024
Final Answer :
True
Explanation :
Mass customization is a strategy that combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production. It aims to provide customers with tailored products or services that meet their specific needs or preferences while still being produced efficiently and cost-effectively.
Learning Objectives
- Gain insight into the sophisticated elements and considerations that influence pricing strategies and decisions.
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