The impact of sourcing materials or services with improved quality for a firm is
A)lower profitability.
B)higher perceived value.
C)increased market share.
D)All of the above
E)Only B and C above

Question

Quizplus · Accepted Answer

Sourcing materials or services with improved quality can lead to higher perceived value among consumers, which in turn can increase a firm's market share as customers are drawn to the higher quality offerings. This does not necessarily lead to lower profitability, as the increased demand and potential for premium pricing can offset the higher costs associated with improved quality.

The Impact of Sourcing Materials or Services with Improved Quality