According to Dr.W.Edwards Deming, rather than focusing on obtaining the lowest prices for supplies, firms should focus on
A)the quantity of inputs.
B)the quality of inputs.
C)both of these.
D)none of these.

Question

Quizplus · Accepted Answer

Dr. W. Edwards Deming believed that firms should focus on the quality of inputs, rather than the lowest price. He believed that investing in high-quality inputs would lead to better overall results and long-term cost savings. Focusing solely on obtaining the lowest price for supplies can lead to lower quality inputs and ultimately, higher costs in the long run.