Match Each of the Following Activities with the Appropriate Quality

question 27

Short Answer

Match each of the following activities with the appropriate quality cost classification (a-d).
-Disposing of scrap
A)Prevention cost
B)Appraisal cost
C)Internal failure cost
D)External failure cost

• A)Prevention cost
• B)Appraisal cost
• C)Internal failure cost
• D)External failure cost

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Definitions:

Staggering

Implementing activities or processes in phases over time rather than all at once.

Board Members

Individuals elected by shareholders to oversee the management and make strategic decisions for a corporation.

Acquisition

The act of one company purchasing most or all of another company's shares to gain control of that company.

Tender Offer

A public bid by an individual or entity to purchase a significant portion of a company's shares at a particular price, aiming for control or influence.