Profit, Costs, Quality: What is the Relationship?
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Watch this video to explore the relationship between quality and costs in operations. Ultimately, there is always a tradeoff between the cost of addressing quality and the cost of ignoring quality. Every organization has to determine how it will address the cost factors associated with managing quality.
Source: Terry McCann
This work is licensed under a Creative Commons Attribution 3.0 License.
Last modified: Thursday, 6 April 2023, 2:31 PM