The Need for Quality Products and Services Is So High

question 49

True/False

The need for quality products and services is so high that quality alone can assure a firm that it will achieve strategic competitiveness and earn above-average returns.

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Definitions:

Cultural Ritualism

The practice and repetition of formalized actions and ceremonies in a culture, often imbued with symbolic meaning and importance.

Biological Causality

The concept that biological processes and phenomena are caused by underlying genetic, biochemical, or cellular factors.

Contextual Reference

The process of relating information to its context, which includes the conditions or circumstances that are relevant to the information's purpose or understanding.

Biological Causality

The concept that biological factors can cause certain phenomena, including behaviors or diseases.