Criticize the Following Claim Based on the Material from Chapter

question 223

Essay

Criticize the following claim based on the material from Chapter 3 of the text.
"We can't and we won't lower the quality of faculty in the California state universities, but it may be time to redefine what we mean by 'quality.'"-Former California State University System Chancellor Barry Munitz

---

Definitions:

Special Order Units

Items that are produced or ordered specifically for a particular customer, which may have different pricing or costing compared to regular orders.

Annual Financial Advantage

The benefit gained in financial terms over the course of a year, which may result from increased revenues, decreased costs, or other financial improvements.

Regular Customers

Customers who repeatedly purchase goods or services from a business, showing loyalty and contributing to stable revenue.

Current Profitability

A measure of a company’s current ability to generate profit from its operations over a specific period.