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A university administered the SERVQUAL survey to its customers as a way to assess its current position in the market. On the basis of 80 responses, the following averages were computed for the reliability construct. What is the difference for the reliability dimension?
Corrective Action
Measures taken to identify, eliminate, and prevent recurrence of defects or problems in a product, process, or system.
Variance Analysis
A technique used to identify and explain the reasons for differences between budgeted and actual financial performance.
Standard Costs
Predetermined costs assigned to goods and services, used as target prices to measure performance.
Actual Costs
The genuine costs incurred in the production of goods or services, including all direct labor, materials, and overhead expenses.
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