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Quality refers to the attributes and characteristics of a product that determine its ability to meet customer needs and satisfaction, including factors like durability, reliability, and performance. Quantity, on the other hand, refers to the amount or volume of goods produced or available for sale. Both quality and quantity are crucial in determining a product's success in the market, as high-quality goods may not sell well if they are in insufficient quantity, and vice versa. Balancing these two aspects is essential for businesses to meet consumer demand and maintain competitiveness.
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What occupations is NOT responsible for verifying the quantity quality and value of goods?
administrative assistants administrative assistants
What determine the quantity of a good that buyers demand?
The quantity of goods that buyers demand are determined by the control and means witch they were contained or dispatched eg. manual/automated and QC. (quality control)
Which occupations is NOT responsible for verifying the quantity quality and value of goods?
Occupations such as marketing specialists or sales representatives are typically not responsible for verifying the quantity, quality, and value of goods. Their primary focus is on promoting and selling products rather than assessing their specifications or verifying inventory details. In contrast, roles like quality control inspectors or inventory managers are specifically tasked with these responsibilities.
What detemines the price and the quantity produced of goods?
Supply determines the price and quantity of produced goods.
Which term refers to the total quantity and quality of goods and services that people living in an economic system can purchase?
The term that refers to the total quantity and quality of goods and services that people living in an economic system can purchase is "aggregate demand." It reflects the overall demand for goods and services within an economy at a given price level and time. Aggregate demand is influenced by factors such as consumer spending, investment, government expenditure, and net exports.
What occupations is NOT responsible for verifying the quantity quality and value of goods?
administrative assistants administrative assistants
What determine the quantity of a good that buyers demand?
The quantity of goods that buyers demand are determined by the control and means witch they were contained or dispatched eg. manual/automated and QC. (quality control)
What is checking of goods?
checking the expire date, weight, quantity, quality and other specifications such as the precaution, and direction of using the product.
Which occupations is NOT responsible for verifying the quantity quality and value of goods?
Occupations such as marketing specialists or sales representatives are typically not responsible for verifying the quantity, quality, and value of goods. Their primary focus is on promoting and selling products rather than assessing their specifications or verifying inventory details. In contrast, roles like quality control inspectors or inventory managers are specifically tasked with these responsibilities.
What detemines the price and the quantity produced of goods?
Supply determines the price and quantity of produced goods.
Difference between quantity and quality?
Quantity is how much of something that you have. Quality is how long something lasts or how "good" it is.
Is circumference a quality or a quantity?
It is quantity.
Which term refers to the total quantity and quality of goods and services that people living in an economic system can purchase?
The term that refers to the total quantity and quality of goods and services that people living in an economic system can purchase is "aggregate demand." It reflects the overall demand for goods and services within an economy at a given price level and time. Aggregate demand is influenced by factors such as consumer spending, investment, government expenditure, and net exports.
Why is procurement lead time important?
When acquiring goods or services, it is essential to acquire it at minimal cost while meeting consumer demand in terms of quality and quantity.
What is the difference between quantity and quality?
same as quantity is something of everything and quality is everything of something
Quantity and quality of of human effort directed towards producing goods and services?
The quantity and quality of human effort in producing goods and services significantly impact economic output and overall productivity. Higher quantities of skilled labor can lead to increased production levels, while the quality of that labor—reflected in education, training, and experience—affects efficiency and innovation. Ultimately, a balanced focus on both aspects is essential for sustainable growth and competitiveness in the marketplace.
Objectives of production and operation management?
objective of production and operation managemant to produce goods services of right quality and quantity at the right time and right manufacturing cost'.
