The relationship between price, quality, and competitiveness is complex. Generally, high-quality products or services are priced higher, reflecting the cost of the superior materials or expertise used. However, a high price doesn't always guarantee high quality. Competitiveness comes into play as businesses strive to offer better quality at lower prices to attract customers. This balance between price and quality is crucial in maintaining competitiveness.
Do you feel trapped to outdo competitors? Better strategies can build a stronger defense against com...
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