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Aloiza [94]
3 years ago
5

What is the ability of an organization to tailor its products or services to the customer's specifications?

Business
1 answer:
kap26 [50]3 years ago
6 0

Answer:

Mass Customization

Explanation:

Mass Customization -

It is a manufacturing and marketing strategy ,

where huge range of services and products are altered or changed according to the likes and dislikes of the customers , is referred to as mass customization.

It is also known as built - to - order and made - to - order.

These type of method are used in order to increase the sale of the goods and service , by modifying the goods according to the customers satisfaction.

Hence , from the question,

The correct term is mass customization.

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The federal reserve can manipulate the economy using the fiscal policy. The tools that it uses are interest rates and money supply.

In times of recession the federal reserve generally lowers the interest rates which stimulates the economy by allowing firms to borrow money at a cheaper price. Also, the consumers are encouraged to spend more. This leads to increase in production output and hence increase in employment rates.

To control the inflation, feds increases the interest rates, which decreases consumer spending and allow them to save more. Higher interest rates mean higher price of borrowing and therefore, inflation level decreases.

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3 years ago
The​ ____________ concept is based on the​ development, design, and implementation of marketing​ programs, processes, and activi
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Answer:

The correct answer is Holistic marketing.

Explanation:

Holistic marketing is a term coined by Philip Kotler, in which the areas of exploration, creation and delivery of the value that a company carries out through the management of relations with all its stakeholders are integrated. This means working with "value" in terms of customer relationships, competition and our network of collaborators.

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2 years ago
Assuming a court did find there was a valid offer, if there was an action brought against the store, would Vinny's mistake of gi
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C. Yes, since the mistake would be obvious to a reasonable person.

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A unilateral mistake <u>occurs when only one party is mistaken as to the subject matter</u> or the terms contained in the contract agreement.

<u>The general rule involving unilateral mistakes is that, if the non-mistaken party either knew or should have known of the other party's mistake, the mistake is a “palpable unilateral mistake” which makes the contract voidable</u> by the mistaken party.

Therefore, since Vinny's mistake would have been obvious to the other party, it could make the contract voidable and relieve the store of the liability.

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VMI's <em>objective is to harmonize business goals for both suppliers and their customers and streamline supply chain operations.</em>

  • Higher Sales.
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2 years ago
Jennifer is marketing manager for a major consumer goods firm. She is interested in determining if market opportunity exists for
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