All of the Following Are Categories of Quality Costs Except

question 8

Multiple Choice

All of the following are categories of quality costs except:

• A) development
• B) prevention
• C) internal failure
• D) appraisal

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Definitions:

Economic Efficiency

A state in which resources are allocated in the most effective manner, maximizing the production of goods and services without wasting resources.

Representative Democracy

A system of government where citizens elect representatives to make decisions and enact laws on their behalf.

Balanced Budget Amendment

A proposed amendment to the U.S. Constitution requiring that the federal government not spend more than its income.

Shortsightedness Effect

A situation where decision-makers prioritize immediate benefits over long-term gains, potentially leading to suboptimal outcomes.