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A splendid way to improve the efficiency and effectiveness of virtual teams is to:
External Failure Cost
Costs incurred when a product fails to meet quality standards after being delivered to the customer, including returns, repairs, and warranty claims.
Appraisal Cost
The cost associated with evaluating or inspecting products or materials to ensure they meet the necessary quality standards.
Prevention Cost
Costs incurred to prevent defects in products or services, part of Quality Costs.
Internal Failure Costs
Costs incurred when a product or service does not meet quality standards before being delivered to the customer, including scrap and rework expenses.
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