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Which of the following is an area that customers want to see improved levels of performance?

A) higher sales margin
B) quality of the product
C) lower marginal costs
D) profit margins

1 Answer

2 votes

Final answer:

The area that customers consistently seek improved performance in is B) quality of the product.

Step-by-step explanation:

When businesses focus on improving the quality of their products, they meet consumer demands for better or less expensive products, which can lead to increased profits and higher income for employees. In the broader economic context, such improvements contribute to the overall gains experienced by a nation.

Additionally, enhancements in product quality often lead to an increase in consumer preferences and demand, as seen when the demand curve shifts to the right. These improvements in product quality, therefore, can result in a significant competitive advantage for businesses.

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