The Role of Production Quality in Business Development and Growth

Abstract

The business and Industrial corporations
have a major role in the trend of economic
development and growth of any nations The
higher achievement and successfulness of
these organizations from the stand point of
business firms is related to the degree of their
role and income generation.
In developed countries the industrial firms
have achieved efficiency and profitability
through internal market expansion, market
share increase, higher increase of the level of
production and then entering into foreign
markets and export increase. This is of course
a procedure which has to be followed by any
nation who wishes to reach to the higher
increase of the level of production and then
entering into foreign markets and export
increase. This is of course a procedure which
has to be followed by and nation who wishes
to reach to the higher level of production and
efficiency.
The comparison of the quality of goods
produced inside with the ones produced
outside from different perspectives as well as,
the behavior and reactions of consumers, the
role of government, the role of producers has
been tackled.