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Social websites have an increasing number of subscribers providing reviews of establishments,providing the astute entrepreneur with impersonal referrals.
Internal Failure Cost
Expenses incurred due to defects in products or services before they are delivered to customers, as part of quality control efforts.
Quality Cost Report
A report detailing the costs associated with preventing, detecting, and rectifying product issues to ensure quality.
Eagleson Company
A hypothetical or unspecified business entity used for illustrative purposes.
Prevention Cost
Expenses incurred to prevent defects in products or services before they occur.
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