100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
NCEA Level 3 Business Studies Exam Questions and Answers 100% Solved $10.49   Add to cart

Exam (elaborations)

NCEA Level 3 Business Studies Exam Questions and Answers 100% Solved

 4 views  0 purchase
  • Course
  • NCEA
  • Institution
  • NCEA

NCEA Level 3 Business Studies Exam Questions and Answers 100% Solved Quality - Quality is about meeting the needs and expectations of customers. Customers want quality that is appropriate to the price that they are prepared to pay and the level of competition in the market. Aspects of Quality ...

[Show more]

Preview 3 out of 18  pages

  • October 16, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • NCEA
  • NCEA
avatar-seller
JOSHCLAY
©JOSHCLAY 2024/2025 YEAR PUBLISHED, 2024

NCEA Level 3 Business Studies Exam

Questions and Answers 100% Solved


Quality - ✔✔Quality is about meeting the needs and expectations of

customers. Customers want quality that is appropriate to the price that they

are prepared to pay and the level of competition in the market.

Aspects of Quality - ✔✔Good design - looks and style



Good functionality - it does the job well



Reliable - acceptable level of breakdowns or failure



Consistency



Durable - lasts as long as it should



Good after sales service

,©JOSHCLAY 2024/2025 YEAR PUBLISHED, 2024


Value for money

Benefits of Quality - ✔✔Customer loyalty - they return, make repeat

purchases and recommend the product or service to others.



Strong brand reputation for quality



Retailers want to stock the product



As the product is perceived to be better value for money, it may command

a premium price and will become more price inelastic



Fewer returns and replacements lead to reduced costs



Attracting and retaining good staff



Improved image & reputation, which should result in higher demand, which

may in turn mean

greater production volumes (possibly providing better economies of scale)

, ©JOSHCLAY 2024/2025 YEAR PUBLISHED, 2024


Lower unit costs because of less waste and rejected output



Fewer customer complaints (& more satisfied customers)



Potentially higher selling prices (less need to discount)

Poor Quality Examples - ✔✔Product fails - e.g. a breakdown or unexpected

wear and tear



Product does not perform as promised (or what the customer thought was

promised!)



Product is delivered late



Poor instructions/directions for use make using the product difficult or

frustrating



Unresponsive customer service

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller JOSHCLAY. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75632 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.49
  • (0)
  Add to cart