If firms focus on quality
A) sales always go up.
B) market share grows.
C) they realize that it is not free.
D) they are developing a common core competency.
E) competitors follow suit making it less profitable.
Correct Answer:
Verified
Q33: Marginal benefits and total benefits are equal
Q34: Generally, marginal costs _ as quantity increases?
A)rise.
B)fall.
C)remain
Q35: Net social benefits are maximized when:
A)marginal benefits
Q36: There are few truly global brands.
Q37: Popular management jargon includes
A)benchmarking.
B)empowerment.
C)lean manufacturing.
D)total quality management.
E)all
Q39: While a focus on quality can lead
Q40: The Dodd-Frank bill is new financial regulation.
Q41: To an economist, all choices have costs.
Q42: Business decisions can be made by focusing
Q43: To know the customer is to understand
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