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IGCSE Business Studies           Student CD-ROM



            17  Achieving quality production


            Importance of quality to businesses


                                                        Why quality is
                                                         important



                                                               Reduces waste,     Easier to get
             Develop strong   Keep existing     Can charge    customer complaints  wholesalers and  Quality products
                brand         customers and      premium                                       usually have a longer
                image        attract new ones     prices       and returns and so  retailers to stock the  product life cycle
                                                                reduces costs      product











































































            © Cambridge University Press 2014  IGCSE Business Studies                    Section 4 – Mind maps  6
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