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Implement a marketing solution - Essay Example

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Summary
Surveys and market tests assist companies in understanding the requirements of the market and developing products catering to the needs of the customer leading to customer satisfaction and business benefits.
Total Quality Management affects the marketing mix of a product directly with the price aspect…
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Implement a marketing solution

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TQM aims at improving the quality of the product and reduce the defects. When the quality of a product rises, ultimately the price also will increase and companies have to revise their pricing strategy accordingly. Page 13BDEEAPage 14BPage 15EAB & EDPage 16DEEPage 17EPage 18EEACAPage 19EEDBDPage 20DAECEPage 21BCBCBPage

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