Warranty Costs Are a Form Of

question 42

Multiple Choice

Warranty costs are a form of:

• A) external failure cost
• B) appraisal cost
• C) internal failure cost
• D) prevention cost

---

Definitions:

First Develop

The initial phase of creating or establishing something, typically referring to the early stages of economic, industrial, or technological development.

Fast-Second Strategy

A business strategy where a company quickly follows pioneers into a new market or technology with the aim to surpass them.

Average Total Cost

The total cost of production (fixed plus variable costs) divided by the total quantity produced.

Legal Protection

Measures and regulations implemented by governments or organizations to safeguard the rights and properties of individuals, companies, or other entities.