Better quality improves effectiveness since consumers perceive high-quality goods as having greater value than low-quality goods.

Name: Better quality improves effectiveness since consumers perceive high-quality goods as having greater value than low-quality goods.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

Consumers generally believe that high-quality goods provide greater value and are more effective than low-quality ones. As a result, improving the quality of goods can enhance their effectiveness and increase their perceived value.

Better Quality Improves Effectiveness Since Consumers Perceive High-Quality Goods as Having