The impact of sourcing materials or services with improved quality for a firm is
A)possible higher product selling prices.
B)higher perceived value.
C)increased market share.
D)higher profitability.
E)All of the above

Question

Quizplus · Accepted Answer

Sourcing materials or services with improved quality can lead to higher product selling prices due to the enhanced value of the final product, higher perceived value among consumers, increased market share as customers gravitate towards superior products, and higher profitability as a result of these factors.

The Impact of Sourcing Materials or Services with Improved Quality