The importance of quality to businesses

Cards (32)

  • Conformance to Specification measures the degree to which a product or service matches its intended design and features
  • What does aesthetics in quality refer to?
    Visual appeal and design
  • Why is maintaining high quality standards a key priority for businesses?
    Keep customers happy
  • High quality encourages repeat purchases, leading to greater sales volume.

    True
  • What is the consistency and dependability of a product or service referred to as?
    Reliability
  • Poor quality can improve a business's competitiveness
    False
  • What does reliability refer to in the context of quality?
    Consistency and dependability
  • Customer loyalty increases when customers are satisfied with the quality
  • One benefit of high quality is building a strong brand reputation
  • High quality increases sales and revenue through higher prices and greater volume
  • Quality in a business context refers to the standard or excellence of a product or service
  • Why is quality essential for customer satisfaction?
    Meets customer expectations
  • Order the effects of high and low quality on brand reputation:
    1️⃣ High quality builds a positive brand reputation
    2️⃣ High quality strengthens the brand image as premium
    3️⃣ Low quality damages the brand reputation
    4️⃣ Low quality weakens the brand image
  • Low-quality products often lead to reduced prices and decreased sales volume
  • What are four ways high quality helps a business gain competitive advantage?
    Differentiation, loyalty, pricing, reputation
  • How does high quality connect to business sustainability?
    Reduces waste and replacements
  • What does quality in a business context measure?
    Excellence of product/service
  • Durability measures the lifespan and robustness of a product.

    True
  • Positive word-of-mouth is more likely when customers are satisfied with quality.
    True
  • Order the effects of high and low quality on brand reputation and image.
    1️⃣ High quality builds a positive brand reputation
    2️⃣ Low quality damages brand reputation
    3️⃣ High quality strengthens brand image
    4️⃣ Low quality weakens brand image
  • Poor quality can damage a business's competitiveness.
    True
  • Match the aspect of quality with its description:
    Conformance to Specification ↔️ Matches intended design and features
    Reliability ↔️ Consistency and dependability
    Durability ↔️ Lifespan and robustness
    Aesthetics ↔️ Visual appeal and style
  • High-quality products help businesses attract and retain customers
  • Businesses with high-quality products are less likely to attract loyal customers
    False
  • Match the quality level with its impact on profitability:
    High Quality ↔️ Higher prices and sales volume
    Low Quality ↔️ Reduced prices and sales volume
  • Low quality results in increased costs and damaged brand image
  • High-quality products have a longer lifespan, which reduces waste
  • What does the quality of a business's products and services significantly impact?
    Brand reputation and image
  • How does high quality affect sales and revenue?
    Higher prices and sales volume
  • Maintaining high quality always guarantees increased profitability
    False
  • Enhanced brand reputation is a disadvantage of high-quality products
    False
  • Match the attribute with its impact on quality and sustainability:
    Durability ↔️ Longer lifespan reduces waste
    Materials ↔️ Environmentally friendly
    Production Processes ↔️ Ethical and sustainable
    Waste Management ↔️ Minimizes waste