Regarding Quality, Which Statement Is Not True

question 56

Multiple Choice

Regarding quality, which statement is not true?

• A)Businesses offering premium quality goods usually have larger market share and are early entrants into their market.
• B)Quality is positively and significantly related to higher return on investment for almost all kinds of market situations.
• C)A strategy of quality improvement usually leads to increased market share but at a cost in terms of reduced short-run profits.
• D)High goods quality producers can usually excel by charging low prices.

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Definitions:

Standard Deviation

A parameter that indicates the level of dispersion or variability within a collection of data points.

Data

Factual information, especially measurements or research results, used as a basis for reasoning, discussion, or calculation.

Standard Deviation

An indicator that quantifies the extent of spread or deviation of a collection of values from their average.

Data

Information collected for reference or analysis, which can be qualitative or quantitative in nature.