The Quality-Cost Revolution

Phillip Brown, Hugh Lauder and David Ashton

in The Global Auction

Published in print December 2010 | ISBN: 9780199731688
Published online May 2012 | e-ISBN: 9780199944125 | DOI:
The Quality-Cost Revolution

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This chapter discusses the quality-cost revolution, starting with the role of companies in moving price competition up the value chain. This is followed by a section on the competition for profit, where the chapter notes that the American, Japanese, and European corporations were the ones initially responsible for motivating the quality-cost revolution. It also determines the sustainability of Asia's low-cost model and examines inside-out economic development.

Keywords: quality-cost revolution; price competition; value chain; profit competition; sustainability; low-cost model; inside-out economic development

Chapter.  6488 words. 

Subjects: Occupations, Professions, and Work

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