Final answer:
Quality modifications can lead to a reduction in product quality if the strategy aims to balance cost and other factors. This is a common practice in product management to target different market segments.
Step-by-step explanation:
The statement "Quality modifications never seek to reduce product quality" is false. While it's commonly assumed that improvements to a product's quality involve enhancing features or performance, quality modifications can, indeed, also mean adjustments to a product that strategically balance quality and cost. Businesses might aim for a reduction in quality to match a specific price point, target demographic, or to reallocate resources toward more critical aspects of the product. This approach is often seen in the field of product management and market strategy where a company seeks to offer tiered product options to cater to different segments of the market.