Which of the Following Is One of the Primary Reasons

question 79

Multiple Choice

Which of the following is one of the primary reasons that quality efforts have not led to gains in bottom-line results?

• A) companies price high quality items too low
• B) low cost items are not profitable
• C) quality and profitability are negatively correlated
• D) quality is the only variable that affects profitability
• E) many companies implement quality incorrectly

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Definitions:

Consumer Markets

The markets consisting of individuals and households that purchase goods and services for personal consumption.

Individual Factors

Personal characteristics or attributes that influence a person's behavior and decisions, such as age, income, preferences, and lifestyle.

Operational Excellence

An element of organizational leadership and organizational intelligence that involves improving the efficiency of operations and processes to enhance products, services, and the culture of the organization.

Basic Research

A type of scientific research aimed at increasing our fundamental knowledge and understanding of certain concepts or phenomena, without direct commercial or practical applications.