What Do You Call the Costs Incurred to Avoid Production

question 89

Multiple Choice

What do you call the costs incurred to avoid production of poor quality goods or services?

• A) External failure costs
• B) Internal failure costs
• C) Appraisal costs
• D) Prevention costs

---

Definitions:

Breakfast Cereal

A type of food made from processed grains that is often eaten as the first meal of the day, typically with milk.

Immigration Decisions

Choices made by individuals or families to move from one country to another for various reasons such as employment, safety, or better living conditions.

Surveys

A method of collecting data and insights from target audiences through a series of questions to understand opinions, behaviors, or characteristics.

Sentiment Mining

The use of machine learning and natural language processing techniques to analyze text for understanding the sentiments expressed by people about products, services, or topics.