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Explain the advantage of proteins acting as catalysts, and compare them with ribozymes.
External Failure Costs
Costs incurred when a product or service fails to reach quality standards after being delivered to the customer, including returns, repairs, and lost sales.
Defective Products
Items produced that do not meet the quality standards set by the company or industry, resulting in waste or rework.
Services
Intangible economic activities provided to satisfy the needs or wants of consumers, such as healthcare, education, and financial advice.
Design Specifications
Detailed descriptions of the materials, parts, and components necessary to create a product, including the requirements for manufacturing, service, and quality.
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