Examlex
Skills of a person performing a job refer to:
Internal Failure
Costs incurred due to defects in goods or services before they are delivered to the customer, including scrap and rework expenses.
External Failure
Costs incurred when a product or service fails after being delivered to the customer, leading to returns, repairs, or recalls.
Financial Measures
A term referring to various metrics used to assess, compare, and track the financial health or performance of a business.
Lag Indicators
Metrics that reflect the results of activities, showing the outcome of past actions and performance.
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