Price And Quality

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Price Quality And Trust

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Author : Mari Sako
language : en
Publisher: Cambridge University Press
Release Date : 1992-10-08

Price Quality And Trust written by Mari Sako and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-10-08 with Business & Economics categories.

The management of buyer-supplier relations has come to be regarded as a key to achieving manufacturing competitiveness, particularly in sectors facing global competition based on both price and quality. This book is a theoretical and empirical exploration of the link between the type of buyer-supplier relations and corporate performance. Dr Sako examines how British and Japanese companies in the electronics industry manage their relationships with buyers and suppliers, the empirical study comprising a three-way comparison of a Japanese customer company, a British customer company, and a Japanese company in Britain, and an analysis of 36 supplier companies in Britain and Japan. Variations of the companies' business practices are assessed in terms of technology, the nature of market competition, the national legal framework, financial structures, employment systems, and the mode of entrepreneurship. The author identifies two distinct approaches in the two countries - the arm's-length contractual relation (ACR) in Britain, and the obligational contractual relation (OCR) in Japan - and argues that the trust and interdependence present in the latter can be a powerful springboard from which to achieve corporate success.

Price And Quality In Spatial Competition

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Author : Kurt Richard Brekke
language : en
Publisher:
Release Date : 2009

Price And Quality In Spatial Competition written by Kurt Richard Brekke and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Competition categories.

Defining And Relating Price Perceived Quality And Perceived Value

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Author : Valarie A. Zeithaml
language : en
Publisher:
Release Date : 1987

Defining And Relating Price Perceived Quality And Perceived Value written by Valarie A. Zeithaml and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with categories.

An Experiment To Examine The Relationship Between Price And Perceived Quality

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Author : George Chu
language : en
Publisher:
Release Date : 1972

An Experiment To Examine The Relationship Between Price And Perceived Quality written by George Chu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1972 with Consumers' preference categories.

Asking About Prices

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Author : Alan Blinder
language : en
Publisher: Russell Sage Foundation
Release Date : 1998-01-08

Asking About Prices written by Alan Blinder and has been published by Russell Sage Foundation this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-01-08 with Business & Economics categories.

Why do consumer prices and wages adjust so slowly to changes in market conditions? The rigidity or stickiness of price setting in business is central to Keynesian economic theory and a key to understanding how monetary policy works, yet economists have made little headway in determining why it occurs. Asking About Prices offers a groundbreaking empirical approach to a puzzle for which theories abound but facts are scarce. Leading economist Alan Blinder, along with co-authors Elie Canetti, David Lebow, and Jeremy B. Rudd, interviewed a national, multi-industry sample of 200 CEOs, company heads, and other corporate price setters to test the validity of twelve prominent theories of price stickiness. Using everyday language and pertinent scenarios, the carefully designed survey asked decisionmakers how prominently these theoretical concerns entered into their own attitudes and thought processes. Do businesses tend to view the costs of changing prices as prohibitive? Do they worry that lower prices will be equated with poorer quality goods? Are firms more likely to try alternate strategies to changing prices, such as warehousing excess inventory or improving their quality of service? To what extent are prices held in place by contractual agreements, or by invisible handshakes? Asking About Prices offers a gold mine of previously unavailable information. It affirms the widespread presence of price stickiness in American industry, and offers the only available guide to such business details as what fraction of goods are sold by fixed price contract, how often transactions involve repeat customers, and how and when firms review their prices. Some results are surprising: contrary to popular wisdom, prices do not increase more easily than they decrease, and firms do not appear to practice anticipatory pricing, even when they can foresee cost increases. Asking About Prices also offers a chapter-by-chapter review of the survey findings for each of the twelve theories of price stickiness. The authors determine which theories are most popular with actual price setters, how practices vary within different business sectors, across firms of different sizes, and so on. They also direct economists' attention toward a rationale for price stickiness that does not stem from conventional theory, namely a strong reluctance by firms to antagonize or inconvenience their customers. By illuminating how company executives actually think about price setting, Asking About Prices provides an elegant model of a valuable new approach to conducting economic research.

Price And Quality Relationships In Local Service Industries

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Author : Federal Trade Commission
language : en
Publisher: Createspace Independent Pub
Release Date : 2014-10-08

Price And Quality Relationships In Local Service Industries written by Federal Trade Commission and has been published by Createspace Independent Pub this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-10-08 with Business & Economics categories.

This book presents the findings of research on the relationship between price and quality in consumer service industries in the Washington, D.C. area. The book relies primarily upon consumer ratings of service provider quality and other data published in Washington Consumer's Checkbook Magazine. The data base includes nineteen service industries and, in virtually all cases, time series information for price and quality ratings over several ratings periods since the magazine's inception in 1976. The results provide interesting and frequently surprising information on basic price-quality relationships in this sector, and on the reliability of several non-price "signals" that consumers might use to gauge a service provider's probable performance. Specifically, only three of the nineteen industries report consistently significant positive price-quality correlations, and industries specializing in repair services frequently display significant negative correlations between price and quality. Further, possible signaling mechanisms, such as the size of a firm's Yellow Pages advertisement, or a firm's status as a member of a nationwide chain, do not function as indicators of higher quality in this data set.

Optimal Procurement When Both Price And Quality Matter

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Author : John Asker
language : en
Publisher:
Release Date : 2005

Optimal Procurement When Both Price And Quality Matter written by John Asker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Industrial procurement categories.

Price And Quality In Higher Education

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Author : Jeffrey L. Gilmore
language : en
Publisher:
Release Date : 1991

Price And Quality In Higher Education written by Jeffrey L. Gilmore and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Education, Higher categories.

Price Floors And Quality Choice

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Author : Volodymyr Bilotkach
language : en
Publisher:
Release Date : 2014

Price Floors And Quality Choice written by Volodymyr Bilotkach and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.

This paper studies effects of price floors in a simple model of vertical product differentiation. We find that even non-binding price floor (i.e., minimum price set below the lowest Nash equilibrium price in the baseline model) can increase quality on the market, if the cost of quality is sufficiently low. Where a binding price floor does not increase the equilibrium quality, it makes consumers worse off. There is also a possibility of over-investment into quality as a result of the binding minimum price.

Price And Quality Under Uncertainty

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Author : Uriel Spiegel
language : en
Publisher:
Release Date : 1980

Price And Quality Under Uncertainty written by Uriel Spiegel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with categories.