Which Types of Quality Costs Are Incurred to Eliminate Quality

question 93

Multiple Choice

Which types of quality costs are incurred to eliminate quality problems before they occur?

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

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Definitions:

Demand-Pull Inflation

occurs when prices rise because the demand for goods and services exceeds supply.

Price of Houses

The amount of money required to purchase residential properties, influenced by factors such as location, size, and market conditions.

Sharp Increase

A rapid and significant rise in a particular metric, such as price, volume, or value.

Structural Unemployment

A form of unemployment caused by shifts in the economy or changes in technology that create a mismatch between the skills of the workforce and the needs of employers.