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What happens to the demand curve when determinants change?
A change in any one or more of these determinants of supply, or supply shifters, will move the supply curve for a product either right or left.
What is the explanation of determinants of demand?
law of demand: the higher the price the lower the demand for the product and vise versa
Does the quality determine the price of a product?
most of the times yes but price usually depends on the productivity costs not on the quality of the product. A good quality product can be found in low price as and a bad quality product can be branded and expensive.
What is product quality?
Product quality is a trait where the product meets or exceeds the expectations of the end consumer. Quality also has the element of consistency involved. Products that are high quality consistently meet expectations.
What are personal determinants?
There are many determinants of personality. These determinants are largely dependent on the environment that a child grows up in.
What are the determinants of customer delivered value?
because can a product
What are 5 determinants of service quality for a bank?
tangibility, reliability, responsiveness, empathy and assurance
What happens to the demand curve when determinants change?
A change in any one or more of these determinants of supply, or supply shifters, will move the supply curve for a product either right or left.
What happen to demand curve when determinants change?
A change in any one or more of these determinants of supply, or supply shifters, will move the supply curve for a product either right or left.
What are determinants of prices?
Price of a product is basically based on the supply and demands. Expenses of acquiring the products is a factor also of the product's pricing.
What can you do as quality control?
Inspect the quality to make the quality product and to assure the quality of the product,
What is the differences between product quality and process quality?
Product quality is the quality of the final product made. While Process quality means the quality of every process involved in the manufacturing of the final product.
How do you check the quality of a product?
The quality of any product is built into it at the designing phase. The specifications of a product are prepared and these specifications are the quality features of a product. A manufacture checks the quality of its product against the approved in-house specifications. A consumer has his/her own criteria of quality which will depend on the objective of purchasing a specific product. A product which meets the consumer requirements is a quality product.
How do you check the quality of product?
The quality of any product is built into it at the designing phase. The specifications of a product are prepared and these specifications are the quality features of a product. A manufacture checks the quality of its product against the approved in-house specifications. A consumer has his/her own criteria of quality which will depend on the objective of purchasing a specific product. A product which meets the consumer requirements is a quality product.
What is the explanation of determinants of demand?
law of demand: the higher the price the lower the demand for the product and vise versa
How quality control of the product carried out?
to assure the quality of the product
Difference between product quality and service quality?
Product quality is the way a product performs. While service quality is how well an experience was when shopping for, buying, using a product or service.
