What does quality mean?
Answer and explanation
Correct answer: Good standard of a product or service
Quality refers to the degree to which a product or service meets specified requirements and customer expectations. It may include performance, reliability, safety, durability, accuracy, and suitability, depending on the offering. A high price alone does not prove quality, and a poor or useless product represents low quality.
Frequently asked questions
What is the correct answer to this question?
Good standard of a product or service
Why is this the correct answer?
Quality refers to the degree to which a product or service meets specified requirements and customer expectations. It may include performance, reliability, safety, durability, accuracy, and suitability, depending on the offering. A high price alone does not prove quality, and a poor or useless product represents low quality.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Business, Trade and Commerce.