Explain the Differences Between Measuring Quality of a Manufactured Product

question 62

Essay

Explain the differences between measuring quality of a manufactured product and quality of a service.

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Definitions:

Return

The payment to an investor for the use of funds. Usually expressed as a percent of the investment.

Electronic Exchange

Electronic exchange refers to a trading platform or marketplace that operates electronically, facilitating the buying and selling of securities, commodities, or other financial instruments digitally.

NASDAQ

An American stock exchange known for its high concentration of technology companies, and the second-largest in the world by market capitalization.

Physical Location

Refers to the actual, geographical place where a business or property is situated.