Quality and Global Competitiveness (Use as a Tutorial)

Aug 14th, 2016
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Discuss the relationship between quality and competition in a global market. What is the cost of poor quality? When companies become global, they are no longer competing merely on a local, regional and national level that they have been used to. Instead, they will now be competing against bigger companies that are situated in different parts of the world. For companies that faced little competition while in their local, regional or national levels, they now find competition that is more intense as compared to what they have encountered before going global. This is where the concept of quality comes in.

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Running head: QUALITY AND GLOBAL COMPETITIVENESS1Quality and Global CompetitivenessNameCourseInstitutionDateQUALITY AND GLOBAL COMPETITIVENESS2Quality and Global CompetitivenessDiscuss the relationship between quality and competition in a global market. What is the cost ofpoor quality?When companies become global, they are no longer competing merely on a local,regional and national level that they have been used to. Instead, they will now be competingagainst bigger companies that are situated in different parts of the world. For companies thatfaced little competition while in their local, regional or national levels, they now findcompetition that is more intense as compared to what they have encountered before going global.This is where the concept of quality comes in. Quality is paramount for businesses in the globalmarket. It is only products and services that are of best qualities that are accepted at this stage.Companies that are not able to produce the best quality at this stage are outcompeted and get outof the market lest they make perpetual loss. On the other hand, those firms that can offerproducts or services of world-class quality can manage the com

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