Successful firms must focus on the quality of the products and services that they offer.Which factor(s)contributes to the quest for quality?
A)Global competition
B)Consumer expectations
C)Technological advances
D)All of the above

Question

Quizplus · Accepted Answer

All of the factors listed (global competition, consumer expectations, and technological advances) contribute to the quest for quality. Global competition pushes companies to improve their products and services in order to stay relevant in the market, while consumer expectations demand higher quality products and services. Additionally, technological advances make it easier for firms to improve their quality control and production processes. Thus, all of these factors play an important role in a firm's pursuit of quality.

Successful Firms Must Focus on the Quality of the Products