answers: diversification
context: are not true "mass customizers" in the original sense, since they do not offer an alternative to mass production of material goods. described four types of mass customization: He suggested a business model, "the 8.5-figure-path", a process going from invention to mass production to continuous improvement to mass customization and back to invention. Mass customization Mass customization, in marketing, manufacturing, call centres and management, is the use of flexible computer-aided manufacturing systems to produce custom output. Such systems combine the low unit costs of mass production processes with the flexibility of individual customization.Mass customization is the new frontier in business </s> Custom harvesting In agriculture, custom harvesting or custom combining is the business of harvesting of crops for others. Custom harvesters usually own their own combines and work for the same farms every harvest season. Custom harvesting relieves farmers from having to invest capital in expensive equipment while at the same time maximizing the machinery's use. The custom harvesting industry has its roots in the mid-twentieth century. Before the invention of the combine harvester, farmers usually owned their own harvesting machinery and worked in tandem with migrant workers, who would bring their own threshing equipment. As combines became more and more </s> Supply chain diversification Supply chain diversification is a manufacturing business terminology used to describe the act of increasing choices for when to order what supplies from whom to bring products to the market. In short, it describes the abundance and flexibility of the suppliers for a certain product. As in any business decision, there are advantages and disadvantages to having more or less diversity in the supply chain. Supply chain diversification is not a simple method of making suppliers compete with each other for the best price. It is more about preparing one's supply chain to be flexible for any
question: creating new products for new markets is called