QUALITY INVESTMENT, A MAJOR FACTOR IN CONQUERING NEW MARKETS

The competition that characterizes the market economy, forces companies to use appropriate methods and techniques to maintain their position in the market, or to penetrate new ones. For this, an important investment is in the quality of the company's produc...

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Bibliographic Details
Main Author: MADAR Anca
Format: Article
Language:English
Published: Transilvania University Press 2021-06-01
Series:Bulletin of the Transilvania University of Brasov. Series V : Economic Sciences
Subjects:
Online Access:http://webbut.unitbv.ro/bulletin/Series%20V/2021/BULETIN%20I/12_MADAR.pdf
Description
Summary:The competition that characterizes the market economy, forces companies to use appropriate methods and techniques to maintain their position in the market, or to penetrate new ones. For this, an important investment is in the quality of the company's products, processes and staff. Applying the principles of total quality management and implementing appropriate quality strategies help companies achieve better results in their work. In this paper, the author aimed to exemplify how the implementation of a quality strategy correctly chosen and put into practice led to a considerable improvement in the results of the company studied. To accomplish the work, the author analysed the literature and documents of the company.
ISSN:2065-2194
2065-2194