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How does quality affect the business?

Answer Posted / padmas

Quality of any product increases the market place for that product. For example the market for Product x does good business for it because everyone buys the quality product and it gets recognized for its quality. If the quality is not good the lesser people buy it and there will not be any market for it to do its business. Quality of any product place a role in its business. Though the lesser quality product also exist in the market and may run good business for it but it all depends on the need of the product.

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