How better quality affects pricing

Article Abstract:

Better production quality increases the maximum potential price and decreases the unit production cost as for more valuable combinations of features customer are willing to pay higher price. Better quality improves pricing options enabling companies to immediately reap gains from superior pricing options.

Pricing Policy, Product defect/failure, Product quality, Pricing, Product price, Software quality

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Six Sigma and the bottom line

Article Abstract:

The economic structure and advantages of Six Sigma, Black Belts (BBs) and Green Belts (GBs) in ensuring quality are explained. The economic consequence of Six Sigma in relation to a company's overall cost structure and revenues are assessed.

Product standards, safety, & recalls, Forecasts, trends, outlooks, Venture Analysis, Standards, Forecasts and trends, Economic conditions, Market trend/market analysis, Business enterprises, Six Sigma (Quality control)

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What are quality reputations worth?

Article Abstract:

An economic perspective of quality, which in its broad approach can lead to higher revenue, apart from reduced production costs, is presented.

Quality Control Management, Economic aspects, Quality control

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