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Why is qua...
2 years ago
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1 Reply
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Lauriane Hodkiewicz
1 Answer
Qualified Teacher of Economics & Business. Examiner for Edexcel.
Important to choose a supplier who provides good quality to ensure the products you make are up to standard. Higher quality FOPs and raw materials allow firms to be efficient and produce the best quality final goods and services. In turn that will allow firms to charge premium prices and also encourage sales. This could be through word of mouth or repeat custom. This would also provide the firm with a competitive advantage over competitors who may supply substitute goods.
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