I find this amusing. Know how much a Honda Accord costs? About 25 Grand. Know how much a Mercedes S450 costs? About three times as much. They are both great cars, that will be rewarding to own. The Mercedes doesn't have 3 times more parts, but it probably took four times longer to make, and they paid the folks that make it, a lot more than the Honda. It's actually, probably better "bang for the buck," although it won…
We should not conflate quality with value. [1] [1] https://moznainaczej.com.pl/Download/Teal%20Doctrine/A.Blikl... (13.10 Quality and value)
From your link:
> The more the product promises the customer, the more luxurious it is; the greater the extent to which these promises are fulfilled, the better the product’s quality.
While this is an interesting way of thinking about it, I find personally it to be both non-standard and not useful.
I'm generally not inclined to force or coin a definition of a concept that is intrinsically messy. Instead, I think it is better to take almost an anthropological view: unpack what different people and cultures mean by a word.
With this in mind, I recommend the following article from MIT's business school, because it embraces the vagueness and complexity of quality:
https://sloanreview.mit.edu/article/what-does-product-qualit...