The Cost of Quality Measure Has All of the Following

question 18

Multiple Choice

The cost of quality measure has all of the following advantages EXCEPT:

• A)being a useful measure of comparing different quality improvement projects
• B)serving as a common denominator for evaluating trade-offs among prevention and failure costs
• C)focusing on how costly poor quality can be
• D)being in existence in almost every production circumstance

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Definitions:

Competitive Advantage

The attribute that allows an organization to outperform its competitors, often through unique resources, capabilities, or positioning.

Transactional Activity

Transactional Activity refers to the routine, day-to-day operations and transactions within an organization, such as payroll processing and record-keeping.

Human Capital

The value of an individual’s competencies and capabilities, which is considered an asset to an organization’s performance and efficiency.

Human Resources Management

The strategic approach to the effective and efficient management of people in an organization to help their business gain a competitive advantage.