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Personalization means changing the appearance/layout as per one's likings which will be different than Out of the box.

Customization means changing the appearance/layout for everyone which will be different than Out of the box.

For example:

I might select a Large Font for my desktop. [Personalization]

I might set a Group policy to show My Organization Logo as Wallpaper on all desktops in my organization. [Customization]

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