Oh, and allows US consumers to buy higher quality goods at cheaper prices.
Companies who are forced to compete find ways to offer higher quality goods and services at the lowest possible prices.
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Use only professional-quality goods: Serious games are always played with plastic cards, which are not as easily marked or damaged as paper ones.
At the same time, two-thirds of Russian industry is uncompetitive , producing low-quality goods for the internal market and countries such as Iran.
Chinese shoppers, for instance, have tended to buy diamonds in department stores because of the variety offered and the assurance of reputable, high-quality goods.
In response, manufacturers have been spending heavily on machines that will both make them more productive and let them churn out higher quality goods.
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While some independent corner shops may close in areas near the supermarket-owned stores, Mr Gotham said shoppers should benefit from cheaper prices and better quality goods.
Since Patagonia is already focused on high-quality goods, this new approach could lead to increased prices, a broadened customer base and expansion into new categories, he says.
It was up to the mills of Pittsburgh and the machine shops of Cincinnati to make the innovative best-quality goods that the world demanded, and that only specific cities knew how to make.
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Protectionism only links well-connected businesses with the government in opposition to the public, which welcomes quality goods at competitive prices, whether they be iPads from China, wines from South Africa, or wheat from whoever can grow it best.
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Chinese tech and consumer brands that have cemented a lead in the home market will intensify their global outreach and begin to stand out as quality goods and services that can compete with North American and European names.
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If Detroit businesses could step up to provide quality goods and services at the right price -- this is a business play, not charity -- then even small upward ticks would represent enormous amounts of investment and, in turn, jobs.
Productivity, competitiveness, cost control, and the quality of goods and services were all largely incidental.
Garces said in addition to providing quality local goods, the farm challenges his chefs to cook seasonal and creatively.
In towns with few or just one, prices rise, or the range and quality of goods on offer decline.
At present, Dharavi has a large number of thriving small-scale industries that produce embroidered garments, export quality leather goods, pottery and plastic.
Retail sales numbers measure dollar figures, not quantity or quality of goods.
These calculations also ignore the fact that American number-crunchers have done more than their European counterparts to take into account improvements in the quality of goods and services.
Key reasons for returning to the U.S. include rising wages offshore, better quality of goods produced in the U.S., easier access to repairs and lower delivery costs, he said.
Why, then, have Chinese manufacturers not done more to improve the quality of their goods?
Without sufficient saving and investment, our stock and quality of capital goods cannot even be maintained, let alone increase.
Thanks to their disciplined, well-educated workforces, Japanese manufacturers have been able to use the kaizen approach to boost productivity continuously, even as they raise the quality of their goods and reduce costs.
Consumers were told that, yes, prices might be a little higher than elsewhere, but they ensured reliable supplies of food, maintained the quality of Japanese goods and, of course, helped to keep everyone fully employed.
Yet, we will only see wages grow and the number of jobs steadily increase for those workers if we emphasize education and training, partner-ship between labor and management, and responsibility by all for improving the quality of the goods and services we produce.
Rent-A-Center operates company owned rent-to-own stores which offer high-quality, durable goods such as consumer electronics, appliances, furniture and accessories to consumers under flexible rental purchase arrangements that allow the customer to obtain ownership of the merchandise at the conclusion of an agreed-upon rental period.
With a history that spans more than 100 years, the Georg Jensen brand has a deep heritage in high-end silver goods and represents quality craftsmanship and timeless designs.
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The quality of private-label goods has improved, making it harder for consumers to discern any difference between a store's brand and a more expensive rival, particularly for commodities such as paper towels or milk.
This is not because the rich are gullible shoppers but rather, say the authors, because they tend to buy goods of better quality (such as organic milk), the prices of which are higher and tend to rise more quickly.
The answer is that a combination of schooling and apprenticeship has proved a reliable supplier and shaper of the sort of labour German businesses need to make goods of high quality, even as similar jobs have disappeared in other rich economies.
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