Asked by
Hagan Oakley
on Oct 31, 2024Verified
Which of the following statements best describes the relationship between quality management and product strategy?
A) Product strategy is set by top management; quality management is an independent activity.
B) Quality management is important to the low-cost product strategy, but not to the response or differentiation strategies.
C) High quality is important to all three strategies, but it is not a critical success factor.
D) Managing quality helps build successful product strategies.
E) Companies with the highest measures of quality are no more productive than other firms.
Quality Management
A strategic approach focused on maintaining and improving the quality of products and services in organizations, ensuring customer satisfaction and compliance with regulations.
Product Strategy
The approach a company takes to develop and market products, defining what products will be offered, to whom, and how.
- Comprehend the relationship between quality management and product strategy.
Verified Answer
KG
Learning Objectives
- Comprehend the relationship between quality management and product strategy.