Sunday, February 2, 2020
Discussion Essay Example | Topics and Well Written Essays - 250 words - 76
Discussion - Essay Example Target countries could be developed or emerging economies. In this respect, product quality is critical to consumer tastes and preferences. Any country or economy can make high quality or low quality products. For example, china is a leading global economy but most of her industrial products are perceived to be low quality. Emerging economies, therefore, have the potential to outperform China in terms of product quality. Personally, I agree with the India-China comparison. Both developed and emerging economies have their strengths and weaknesses. In this respect, the primary factors to consider are consumer preferences, product price, and product quality based on past purchases reviews. I agree with the argument that social, economic, and political factors play a significant role in influencing consumer perceptions. Issues of free trade, product price, brand loyalty, and country of origin elicit mixed reactions with regard to product quality. However, consumer satisfaction outweighs all forms of
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