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