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What is the difference between “customizability” and “extensibility” of a component?

April 26, 2017component difference extensibility

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What is the difference between “customizability” and “extensibility” of a component?

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Customizability means that the component can be tailored to suit a particular business problem. This tailoring is done at development time. Extensibility allows you to change parts of the functionality at run-time. For example, applying individual runtime pricing using our pluggable methods.