What Is Quality? List and Define Three Characteristics of Quality

question 108

Essay

What is quality? List and define three characteristics of quality for goods and for services. Explain why these characteristics are different for goods and services;then,identify the one dimension that is common in both lists. Finally,specify a good or service that you were very dissatisfied with during the past year,and explain which of these quality dimensions the good or service was deficient on.

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Definitions:

Public Corporation

A Public Corporation is a company that has issued securities through an initial public offering (IPO) and is traded on at least one stock exchange or in the over-the-counter market.

Shares

Shares represent units of ownership in a company, held by individuals or entities, entitling them to a portion of the corporation's assets and profits.

Public Markets

Platforms or venues where securities, commodities, and other financial instruments are traded openly and are accessible by the general public.

Authorized Shares

The upper limit of shares a corporation can legally distribute, as outlined in its articles of incorporation.