Foreign Competition, Poor Profit Performance, and More Demanding Customers Have

question 145

True/False

Foreign competition, poor profit performance, and more demanding customers have encouraged businesses to place more emphasis on quality.

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Definitions:

Oranges

A citrus fruit rich in vitamin C, grown in warm climates, and consumed either fresh or in juice form.

Peaches

Edible juicy fruits with fuzzy skins and a sweet taste, often grown in temperate regions.

Absolute Advantage

The skill of a person, business, or nation to generate a product or offer a service more affordably per unit than any other competitor.

Cell Phones

Portable electronic devices used for communication purposes.