Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN: 9781305970663
Author: Don R. Hansen, Maryanne M. Mowen
Publisher: Cengage Learning
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Chapter 13, Problem 12E

Consider the following quality improvement strategy as expressed by a series of if-then statements:

  • If real-time feedback information capabilities improve, then post-sales service time will improve.
  • If post-sales service time improves, then post-sales service quality will increase.
  • If post-sales service quality increases, then customer satisfaction will increase.
  • If customer satisfaction increases, then market share will increase.
  • If market share increases, then sales will increase.
  • If sales increase, then profits will increase.

Required:

  1. 1. Prepare a strategy map that shows the cause-and-effect relationships of the quality improvement strategy (see Exhibit 13.10 for an illustrative example).
  2. 2. Explain how the quality improvement strategy can be tested.
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Cornerstones of Cost Management (Cornerstones Series)

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