Improving design quality usually allows a firm to charge higher prices and thus increase revenue and profit.

Name: Improving design quality usually allows a firm to charge higher prices and thus increase revenue and profit.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Improving design quality can lead to a competitive advantage, increased customer loyalty, and differentiation from competitors, all of which can support a higher price point and improved financial performance.

Improving Design Quality Usually Allows a Firm to Charge Higher