• A quality manger failed to detect a bad quality product so he sends it to the market thinking that the quality is good. Accordingly, the customer was not happy with the product as the quality was unacceptable. This is known as(a) "Consumer Risk" Select one: O True O False
• A quality manger failed to detect a bad quality product so he sends it to the market thinking that the quality is good. Accordingly, the customer was not happy with the product as the quality was unacceptable. This is known as(a) "Consumer Risk" Select one: O True O False
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Transcribed Image Text:• A quality manger failed to detect a bad quality product so he sends it to the market thinking that
the quality is good. Accordingly, the customer was not happy with the product as the quality was
unacceptable. This is known as(a) "Consumer Risk"
Select one:
O True
O False
Expert Solution
Statement: True or False
Given statement:
A quality manager failed to detect a bad quality product so he sends it to the market thinking that the quality is good. Accordingly, the customer was not happy with the product as the quality was unacceptable. This is known as "consumer risk".
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