What can impact the competitive nature of an industry through the ability to raise prices or affect the quality of inbound goods and services?

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The impact the competitive nature of an industry through the ability to raise prices or affect the quality of inbound goods and services is supplier.

Quality is the set of features and characteristics of a product or service that affect its ability to meet specific needs. (American Society for Quality) Quality, inherent or distinctive feature, degree or degree of excellence.

We can identify five main approaches to defining quality. (2) a product-based approach to economics; (3) a user-based approach to business, marketing, and operations management; (4) manufacturing-based and (5) value-based operating approaches.

Quality is a judgment of how good something or someone is. An example of quality is a product that does not break easily. An example of quality is a well-made product.

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