Quality can improve profitability by reducing costs. Which of the following is not an aspect of reduced costs by quality improvements?
A) flexible pricing
B) increased productivity
C) lower rework
D) lower warranty costs
E) lower scrap costs

Question

Quizplus · Accepted Answer

Flexible pricing is not an aspect of reduced costs by quality improvements. Quality improvements can lead to increased productivity, lower rework, lower warranty costs, and lower scrap costs, which can all contribute to reducing costs and improving profitability. Flexible pricing, on the other hand, refers to adjusting prices to meet market demand or competitive pressures and does not necessarily relate to quality improvements.

Quality Can Improve Profitability by Reducing Costs