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Is quality important in business?

Results so far:

No
4% 32 votes Total: 853 votes
Yes
96% 821 votes

A wonderful thing about the Internet is that it has made us all expert shoppers.  Before a major purchase we go online to compare and contrast product features, and then choose the product that best meets our criteria.  From the disappointments of purchasing junk with our hard earned money, we learn the hard way to believe in quality. But the reason we need to be such discerning shoppers is because business operates on a different set of principles from consumers.   Business puts profit head of quality.


 
The cheaper and faster a business can produce a product the more profit that business makes.  Quality adds both time and costs to the product, to increase profits most businesses will tend to conserve these costs to the maximum extent possible. Businesses that specialize in quality products are the exception, not the rule.   
 
Since the 1950s America has had a love affair with automobiles, yet Americans spend more on Japanese cars.  Americans perceive that Japanese cars are higher quality and American automakers cannot compete. This is because about $2000 of every new car purchased needs to pay union entitlements for retired American autoworkers, so the American automotive industry need to squeeze that extra $2000 out of each car.  This is accomplished with little decisions like using cheaper nylon fasteners instead of screws, cheaper molded gears, or a cheaper quality glass that is more prone to breakage.  But you cannot fool consumers for long and this was proven in the “cash for clunkers” program, which helped the Japanese automakers more than American automakers. And even with multi-billion dollar government bailouts to save it, the American automakers will go extinct like RCA because most consumers want quality.. 
 
When it comes to skimping on quality, the automotive industry is not unique.  The same “Bell System” that invented a telephone that would last 35 years is no longer in business.   Today you would be lucky to get three years from a telephone, which is why most cell phone contracts allow us to get new cell phones every two years.   Even look at computers today, they are manufactured like American cars, to be serviced.  You can replace the power supply in a name brand computer in about 30 seconds; and you do not even need a screw-driver.   This gives the manufacturer the license to put cheaper parts into your computer


Below are the top articles rated and ranked by Helium members on:

Is quality important in business?

No
  • 1 of 3

    by Sadia Umer

    Quality is a perceptual, conditional and somewhat subjective attribute and may be understood differently by different

    read more

  • 2 of 3

    by Dave Nocera

    A wonderful thing about the Internet is that it has made us all expert shoppers.  Before a major purchase we go online

    read more

Yes
  • by Amanda Fox

    The most important aspect of business is quality, it always has been and always be. While there are many factors that contribute

    read more

  • 2 of 21

    by Nigel Holmes

    In everyday language we often use the word quality to mean grade. When we say something is high quality what we really mean

    read more

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