In: Accounting
Discuss the impact of quality control on product quality, on production cost, and product pricing
Product quality
It is the main characteristic regarding any product sales and manufacturing
product quality control
It refers that inspecting the quality of product in many aspects
i.e. physical appearance, raw material used, process of manufacturing ex. Automated process or manual process
Impact of product quality control on product quality
It has direct impact on the product of quality control increases then quality incresesiin all above mention aspects
Impact of product quality control on product cost
It has direct impact on cost due to increases in control involves increase in working time on product so automatically cost of product increases
Impact of product quality control on product pricing
It also has direct impact as we discussed above quality control increases cost of product if cost increases then with an adding profit automatically price of product increases
Hence, product quality control shows a direct impact on the all given aspects i.e product quality, product cost, product pricing.