The need for quality products and services is so high that quality alone can assure a firm that it will achieve strategic competitiveness and earn above-average returns.

Question

Quizplus · Accepted Answer

Quality is important, but it is not the sole factor that ensures strategic competitiveness and above-average returns. Other factors such as innovation, cost management, market conditions, and customer service also play crucial roles.

The Need for Quality Products and Services Is So High