BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is an unethical situation in product or service management?
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Vincent Electronics discontinues production of a slow-moving solar calculator
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Travis Manufacturing uses recycled materials for its product packaging.
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Donna’s Dress Boutique obtains deep discounts from a new clothing designer.
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The Simpson Company embellishes the information that it places on its product labels.
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Explanation:
Detailed explanation-1: -Product quality is important because it affects the success of the company and helps establish its reputation in customer markets. When companies can create high-quality products that continue to meet customer demands, it can lead to fewer production costs, higher investment returns and increases in revenue.
Detailed explanation-2: -To extend the product life cycle, successful companies can also implement new advertising strategies, reduce prices, add new features to increase their value proposition, explore new markets, or adjust brand packaging.
There is 1 question to complete.