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Which plans are set up so that a payout is contingent on the achievement of three- to five-year performance goals?
Processing Time
The amount of time required to complete a particular process, often used in manufacturing and computer operations.
Failing to Control Quality
A detrimental situation where an organization does not manage or uphold the standard of its products or services.
Prevention Costs
Costs incurred to prevent faults or errors in products or services, typically including quality control and training expenses.
External Failure Costs
The costs incurred after defective units or services have been delivered to consumers.
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