Eliminating Costly Functional Features or Lowering Overall Product Quality Can

question 91

True/False

Eliminating costly functional features or lowering overall product quality can minimize price escalation.

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Definitions:

Implementation

The process of putting a decision or plan into effect; execution.

PDCA Cycle

A four-step management method used for the control and continuous improvement of processes and products, standing for Plan-Do-Check-Act.

Develop

The process of improving or enlarging an entity, concept, or skill set through education, training, or experience leading to growth and advancement.

Control

The process by which an organization ensures that activities are being executed according to plan and adjusts as necessary to achieve objectives.