Quick response results in the manufacturer making a lower profit in the short term if all else is unchanged.

Name: Quick response results in the manufacturer making a lower profit in the short term if all else is unchanged.
Brand: Quizplus
Rating: 4.8 (31 reviews)

Question

Quizplus · Accepted Answer

Quick response often involves higher costs for faster production and delivery, which can reduce the manufacturer's profit in the short term. However, it can lead to higher customer satisfaction and loyalty, leading to long-term benefits for the company.

Quick Response Results in the Manufacturer Making a Lower Profit