A strategy of quality improvement often leads to increased short-run profitability.

Name: A strategy of quality improvement often leads to increased short-run profitability.
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Question

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Quality improvement strategies often involve upfront costs and investments, which might not lead to immediate short-run profitability. The benefits of such strategies, including increased efficiency and customer satisfaction, typically contribute to long-term profitability rather than immediate financial gains.

A Strategy of Quality Improvement Often Leads to Increased Short-Run