What is the difference between personalization and customization. Provide an example of each

What will be an ideal response?

Personalization provides Internet content to users based upon knowledge of that customer. When visiting an on-line department store, information about your visit and purchases are stored. Each time you visit that site, the stored information is used to provide personalized information to you. If you have purchased clothing and toys for your two-year-old child, the site may alert you to new sale items for toddlers. Customization refers to Internet sites that allow a user to customize information to their personal preferences. Customization requires more active involvement on the part of the customer. For instance, you can ask a portal to deliver specific stock, sports, and weather information to you each time you visit that site.

Business

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After a family's breadwinner dies, the blackout period generally can be defined as the period

A) during which children only receive Social Security benefits B) that begins when the youngest child turns 16 and ends when the surviving parent reaches age 60 C) that begins when the surviving parent retires D) during which minor children are living at home"

Business

When a multinational engages in a process where it intentionally minimizes the firm's taxes when it repatriates funds, it is known as ________

A) bilateral netting B) lagging accounts payable C) leading accounts receivable D) tax planning

Business