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Quality products should cost less become people need good quality merchandise. Clothing is a requirement and if the clothing was of good quality than people could save money and be dressed better. Cheap products cost less and break easier; if a good quality product was less expensive more people would be willing to purchase the product.
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∙ 10y ago
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What is relattion beetwin quality and reduce cost?
The relation between quality and reduce costs really comes down to the amount spent to create the product in question. For example, something made by masters of the trade using the finest materials will cost more than the same product made from less than ideal materials with mediocre craftsmanship.
Are Indians are less quality conscious?
No , Indians are not less quality conscious. All Indians are having good knowledge about quality conscious. but because of their financial conditions they are being like less quality conscious... if we are having less financial resources how we can go for quality product. if we need high quality we have to pay high price of that product. indians always having mentality of saving money rather than spending money..
Are Indians Less Quality Conscious?
No , Indians are not less quality conscious. All Indians are having good knowledge about quality conscious. but because of their financial conditions they are being like less quality conscious... if we are having less financial resources how we can go for quality product. if we need high quality we have to pay high price of that product. indians always having mentality of saving money rather than spending money..
Are Indians Quality Conscious?
No , Indians are not less quality conscious. All Indians are having good knowledge about quality conscious. but because of their financial conditions they are being like less quality conscious... if we are having less financial resources how we can go for quality product. if we need high quality we have to pay high price of that product. indians always having mentality of saving money rather than spending money..
How much does escargot cost?
Escargot is a delicacy in French cuisine. It is a dish of cooked snails. The cost to purchase escargot from a supermarket can range from less than 10 dollars to over 80, depending on quantity of snails and the quality of the product.
What Differentiation strategy and an overall cost leadership strategy is an example of?
Differentiation strategy and an overall cost leadership strategy are an example of porter's generic model. Differentiation strategy : where the product or service have unique attributes than its competitors that are valued by its customers. Cost leadership strategy : where the cost producing of the product of service is less than its competitors delivering the same quality.
When estabilishing price marketers first step is?
Figure out what the value to the buyers' is. People will not go the the trouble of buying your product at more than the value it delivers. That value may be wht it would cost them to make the product themselves or adapt to a similar or substitute product. Cost would be a secondary concern because if the value is less than the cost, then the product should not be made.
The practice of selling a product abroad for less than the cost of production?
Dumping.
What would princes do if a product was abundant?
If the product is abundant, it would cost less. For exapmle gas prices, there is starting to become less and less gas, so now it is becoming more expensive because theres less of it.
How did hot furnace and steam hammer led to the setting up of industries?
It took less man power to manufacture the product and a better quality of the product.
What cost 20 times less 30 years ago?
Nothing costs 20 times less than it did in the past, unless they are paying you to take the product. A simple example... 10 years ago Product A cost $1.00 for it to cost 20 times less today, they would need to pay you $19 to take the product... 10yrs ago less 20 times 10yrs ago Negative cost means the seller owes 1.00 - (20 x $1.00) = -$19.00
How much does the Canon Powershot SD450 cost?
The Canon Powershot SD450 cost about $1000. The pricey camera is at that price because of the quality workmanship that is found in the product. A less expensive price for the Canon Powershot SD450 can get obtained on line in lieu of walking into the a retail Canon outlet.
