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Explain the Concepts of Line,staff,and Functional Authority

question 84

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Explain the concepts of line,staff,and functional authority.


Definitions:

Appraisal Cost

Expenditures related to the detection and prevention of defective products or services before delivery to customers.

Internal Failure

Costs incurred due to defects in goods or services before they are delivered to the customer, including scrap and rework expenses.

External Failure

Costs incurred when a product or service fails after being delivered to the customer, leading to returns, repairs, or recalls.

Financial Measures

A term referring to various metrics used to assess, compare, and track the financial health or performance of a business.

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