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:

Controlled Substance

A drug or chemical whose manufacture, possession, or use is regulated by a government due to potential for abuse or addiction.

CAN-SPAM Act

A law that sets the rules for commercial email, establishes requirements for commercial messages, gives recipients the right to have emails stopped from being sent to them, and spells out tough penalties for violations.

RICO

The Racketeer Influenced and Corrupt Organizations Act, a U.S. federal law designed to combat organized crime by allowing extended penalties for acts performed as part of a criminal organization.

OECD Convention

An international agreement established by the Organisation for Economic Co-operation and Development aimed at combating bribery of foreign public officials in business transactions.