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Regulation of industries has created greater competition and growth opportunities because the playing field has been leveled.
Quality Costs
Expenses related to ensuring products or services meet company and customer standards, including costs of prevention, appraisal, and failure.
Quality of Design
How well a product's design meets customers' needs and expectations in terms of functionality, aesthetics, and overall performance.
Quality of Conformance
The degree to which a product or service meets the specified design or specifications and quality standards during the manufacturing or delivery process.
Excellence
The quality of being outstanding or extremely good in performance or quality.
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