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Explain what is the relative quality

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Explain what is the relative quality between Toyota Corolla and Rolls Royce?

Too many people believe high quality is synonymous with high price or high cost. Pick two functionally similar products that compete in very different markets and discuss the relative quality of each, Toyota Corolla and a Rolls Royce. Is cost often a function of the market requirements and can high quality is achieved at any cost point? Why or why not?

Reference no: EM1343284

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