To many people high quality is synonymous with high price


To many people, high quality is synonymous with high price or high cost. Pick two functionally similar products that compete in very different markets and discuss the relative quality of each. One possible pair is a Toyota Corolla and a Rolls Royce. This demonstrates that cost is often a function of the market requirements and high quality can be achieved at any cost point.

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Operation Management: To many people high quality is synonymous with high price
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