Product quality is important in most industry settings, and it is a necessary, but insufficient, condition for successful strategy implementation.

Question

Quizplus · Accepted Answer

Product quality is important for success in most industries, but it is not the only factor. Other factors such as pricing strategy, distribution channels, customer service, and branding also play a crucial role. Therefore, product quality is a necessary, but insufficient, condition for successful strategy implementation.

Product Quality Is Important in Most Industry Settings, and It