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According to Philip Crosby, "Conformance to Requirements" Is the Basic

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According to Philip Crosby, "conformance to requirements" is the basic definition of quality.


Definitions:

Future Worth

The projected value of an investment or project, typically calculated using estimates of future cash flows and discount rates.

Carbonated Soft Drinks

Beverages that are fizzy due to carbon dioxide being dissolved under pressure, including sodas and fizzy waters.

Product Life Cycle

The series of stages a product goes through from introduction and growth to maturity and decline, influencing marketing and production strategies.

Complete Product Line

A full range of items by a single company or brand that covers all segments of the market.

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