Is Quality costly? Poor quality is costly! evaluate
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Is Quality costly? Poor quality is costly! evaluate
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Step 1
Quality shall be referred to as the characteristics of a product or a service. Quality is one of the most important factor which the business organizations should take into consideration.
In business quality delivery of the product and services is relevant in order to achieve customer loyalty and success. The concepts like Total Quality Management enables the organizations to provide higher quality service and products.
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