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What is the most important characteristic of a good MIS?
Product Performance
Evaluates how well a product meets expected standards and satisfies customer needs in terms of quality, reliability, and functionality.
Deploying Quality
The process of implementing and maintaining a level of excellence in products, services, and processes within an organization.
Total Costs
The sum of all expenses incurred in the production of goods or services, including fixed and variable costs.
Product Cost
The total expense incurred in bringing a product to market, including raw materials, labor, and overhead.
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