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Post by Michael Miller on Jun 12, 2013 12:17:21 GMT -6
I like Conan O'Brian. However, there is a reason why the age old question is one or the other. Everyone wants a ton of good quality products, however it simply isn't always realistic given the parameters most companies have to work out of. In small business, quality must be the focus. Once people catch on that then we can look into getting more of it when we get the capital. Not all business are fortune 500, you must crawl before you walk.
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Post by campbell22 on Jun 12, 2013 12:31:14 GMT -6
INSTANT MBA: Conan O'Brien Says Businesses Should Have 'Quantity Of Quality' This idea certainly makes since, who wouldn’t want to have a store with a high quality of quality things? This screams success but I am pretty sure that stores have tried this or at least have thought about it and saw that it may not be as profitable as picking one of the two. With this concept having quantity of quality would mean buying or making the best products which would cost more, then trying to sell these products to customers at a price, which will probably be higher than other stores, which will bring in profit. Companies such as wall mart have already came up with a great formula by not having the best of quality but a high quantity gives them the ability to purchase a low prices and also sell at low prices and still make profit.
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Post by brianbrewer on Jun 13, 2013 9:30:17 GMT -6
INSTANT MBA: Conan O'Brien Says Businesses Should Have 'Quantity Of Quality'
In developing a product, it can be costly to produce a high quality product. It is rather expensive for all the research needed to produce a good that is durable and satisfies all the consumer's needs. After the research is done and the investments in production have been made, things will only look up. Consumers want the best product for the money they pay. It is best to focus on products that can last and continue to keep customers happy. Producers with no value or quality in their product will have trouble keeping consumers and staying viable in the very consumer oriented economy.
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Post by gabrielle on Jun 15, 2013 13:38:19 GMT -6
INSTANT MBA: Conan O'Brien Says Businesses Should Have 'Quantity Of Quality'
This article proves a valid point. Most business stress today that you should have quality over quantity. But a truly good business offers both quality and quantity. I am a manager at raising canes and we offer quality food, but there is not quantity. Our menu if very limited in order to preserve this quality. I think our slim menu really limits the amount of business we conduct. If we could offer a greater quantity of items, at the same high quality, we could target a much larger market! It is possible to do this, there are plenty of restaurants that offer a wide variety menu and still keep that same quality. These restaurants in general and very productive and they are very successful!
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Post by briandavis1 on Jun 16, 2013 12:36:17 GMT -6
Quality and Quantity are two very important aspects of a business. If I had to choose I would always choose quality. Quantity will cause more defects in your total production plan and if you limit the numbers of units you sell you can more tightly control the quality of each and every unit. That is why I would choose quality over quantity. But for the best future of all businesses they should strive to have both the best quality and the biggest quantity to control the market.
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Post by gretchenb on Jun 16, 2013 14:23:10 GMT -6
Instant MBA: Conan O'Brien Says Businesses Should Have 'Quantity of Quality'
I agree with the question of "Why not have both?" It seems as though most businesses don't think to use the concept of having both. It makes sense that if you have something great, like a product or service, have several of them. This then attracts customers to your business because of your smart idea of choosing to use both of the Q's. I see how it can be difficult for a business to do so all of the time because of the expensive aspects of the job. Either the great product is too expense to have many of them manufactured or the great service is too expense to have many people employed to carry out the service. But if it is possible, then I say go for it.
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Post by lydell on Jun 16, 2013 19:49:22 GMT -6
We have always been taught quality over quantity indicating that its better to have a quality product than have and abundance of low quality products. I agree that a successful business should have both, a high quantity of quality products. Often time, having and abundance of a quality product, allows for you to offer the product at a cheaper rate, which will make your company harder to compete with. This seems to be the recipe for success.
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Post by csummers on Jun 16, 2013 21:47:00 GMT -6
INSTANT MBA: Conan O'Brien Says Businesses Should Have 'Quantity Of Quality
Conan hit the nail right on the head with the statement about having quality of quantity as a business owner. The issue, in my mind, is that with today’s workforce, and the higher expectations of clients in today’s economy, having several quality items or services for sale is tough to do. I would imagine that the best way to enter a market is to do one or a couple things really well. When you have those couple items or services down to an art form, then you can think of expanding your product or service line. Do not expand until you can provide excellent service and product with everything you sell.
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Post by shebilemoine on Jun 25, 2013 15:02:59 GMT -6
INSTANT MBA: Conan O'Brien Says Businesses Should Have 'Quantity Of Quality'
I do not agree with having both quantity and quality. Sometimes business cannot produce a high quantity of quality products. If businesses try to improve both they may lack something in the long run. Trying to have good quality and high quantity goods or services may also require more expenses like new workers, equipment, or cost of supplies. Some businesses may succeed while others may fail. However, I would rather have a high quantity of good quality products or services.
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Post by robertnicholon on Jul 18, 2013 10:39:11 GMT -6
I agree with Conan in this blog. Why not have both. Quality is great but if you have quantity with it you’re better. If quantity wasn't important than you could just make your product once and be done with it. That won’t work. Audi AG doesn’t just make one Lamborghini and be don’t with it. I guessed is striving for both it would be best to start with quality and work towards quantity. This way you can maintain your reputation.
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Post by meganbahm91 on Jul 25, 2013 7:25:30 GMT -6
Quantity over quality what should you have? Have a lot of what you are going to sell. But you need to have a good quality product. You want your customers to come back. If your product is terrible so will your customer base. You have to have both for your company to succeed.
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Post by cmbrogan on Jul 25, 2013 8:05:39 GMT -6
INSTANT MBA: Team Work Is Essential
In regards to this article, I believe the way that this team was built would be very challenging. When you have that many opinions and thoughts put together by members who are all owners, I think it can get to be convaluted. However, the fact that they were able to maintain the company for the last 14 years means they were doing something right. After that long of working with people, you form a bond that you cannot just get from anyone. So, considering they have made it this far, I think the point of this article - that teamwork is essential - is very accurate.
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Post by meganbahm91 on Jul 25, 2013 9:26:54 GMT -6
Quantity over quality what should you have? Have a lot of what you are going to sell. But you need to have a good quality product. You want your customers to come back. If your product is terrible so will your customer base. You have to have both for your company to succeed.
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Post by ahrield on Jul 25, 2013 11:43:03 GMT -6
INSTANT MBA: Conan O'Brien Says Businesses Should Have 'Quantity Of Quality'
'Quality over Quantity' is what we've always heard but I agree with Conan O'Brien when he says 'Quantity Of Quality'. Company's should have an abundance of product at a great quality, when customer purchase an item they expect the best quality and that's what they should get. Business are so focused on getting a quick buck their not worried about the turnover or the bad reputation they could get for selling faulty products.
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Post by tylerstroble on Jul 29, 2013 2:34:28 GMT -6
INSTANT MBA: Conan O'Brien Says Businesses Should Have 'Quantity Of Quality'
I totally agree with Conan's take on that. Why does it have to be one or the other? We have the ability today to have the best of both worlds. We should be striving the reach these levels of production. Consumers want nicer things and more of them.
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