A manager shouldn't worry about making a financial return from money spent on a quality program as long as customers recognize that the quality is high.
Answer the following statement true (T) or false (F)
False
A manager should focus on quality efforts that really provide the customer with superior value-quality that costs no more to provide than customers will ultimately be willing to pay.
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Explain the difference between (a) public offerings and private placements, (b) primary markets and secondary
markets, (c) the money market and the capital market, and (d) organized security exchanges and over-the-counter markets. What will be an ideal response?
Kayla buys a whole life policy when she is 40 and pays premiums on it until she is 60. She decides to retire at 60, has no dependents and no debts, and realizes she really doesn't need the death protection any longer
She is now concerned about generating a lifetime income during her retirement. What option does a whole life policy typically offer that could best help her with this financial need? A) Forfeiture of coverage provision (she can surrender the policy and take the cash) B) Paid up whole life option (use the cash value to buy a paid-up whole life with a lower face value) C) Annuity conversion option (buy an annuity from the insurer with her cash value) D) None of the above
Match the goals in the first column with the items in the second column:
1. short-term goal (a) To retire in 25 years 2. intermediate goal (b) To purchase a home in three years 3. long-term goal (c) To save enough money for books and tuition for next term
Two coins are tossed simultaneously, one red quarter and one blue quarter. The outcome for each of the two coins is recorded. How many possible outcomes are there for this experiment?
a. 2 b. 4 c. 1 d. 6