Explain the interlinking model of quality and profitability. How does it connect to business and operations strategy?

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Explain the interlinking model of quality and profitability. How does it connect to business and operations strategy? Can you provide any examples of goods and services that support and add credibility to this model?

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Operations And Supply Chain Management

ISBN: 9780357131695

2nd Edition

Authors: David A. Collier, James R. Evans

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Question Posted: Feb 15, 2023 07:00 AM

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Explain the interlinking model of quality and profitability. How does it connect to business and operations strategy?

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EXHIBIT 3.2 Interlinking Model of Quality and Profitability Improved quality of design Higher perceived value Increased market share Higher prices Increased revenues Higher profitability Improved quality of conformance Lower manufacturing and service costs

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The value of a good or service in the marketplace is influenced by the quality ...View the full answer

Operations And Supply Chain Management

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