Question

The quality category of MIPS is decreasing in 2018 to 30% from the previous 50% where the cost category is rising from 10% to 30%. What are the implications of this for organizations? Will quality be affected?

Answer 1

The quality of MIPS has decreased from 50% to 30% and the price has increased from 10% to 30% . It will affect the Organization in a negative way because the quality of its services has decreased while the cost of its services has increased, it will affect the reputation of the organisation Hence ,the consumers will start using other organisations services which will be available at low cost and have quality . Yes ,the quality will be affected definitely ,it's clearly mentioned that there is decrease in the quality of MIPS from 50% to 30% .