Increased quality allows an organization to make greater profits by ..... the products price due to improved reliability and ..... operating costs due to improved productivity.

QUALITY MANAGEMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Increased quality allows an organization to make greater profits by ____ the product’s price due to improved reliability and ____ operating costs due to improved productivity.

A	decreasing; reducing
B	stabilizing; increasing
C	increasing; increasing
D	increasing; reducing

Explanation:

Detailed explanation-1: -To gain a competitive advantage a company must either perform value creation functions at a lower cost than its rivals or perform them in a way that it leads to differentiation and a premium price. That is, it must pursue the strategies of low cost or differentiation.

Detailed explanation-2: -the management of the value chain activities involved in bringing new or improved goods and services to the market. a planning model that forces managers to choose among competing projects so organizational resources are not spread thinly over too many projects.

There is 1 question to complete.

SOFTWARE ENGINEERING

SOFTWARE PROJECT MANAGEMENT

QUALITY MANAGEMENT