Installment payments for mortgages generally contain both an amount for principal repayment and an amount for interest

Indicate whether the statement is true or false

TRUE

Business

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Which of the following is true of mass customization?

a. It results in a lower cost to firms when compared to standardized services. b. It results in giving each customer whatever he or she asks for. c. It is useful only to service firms and not to manufacturing firms. d. It is based on the tenet that the needs, wants, or desires of all customers are the same.

Business

Define the gray market

What will be an ideal response?

Business