What is the "Cost of Poor Quality", and what role does it play in the company-wide...

What is the "Cost of Poor Quality", and what role does it play in the company-wide assessment of quality?

Expert Solution

Cost of poor quality are those costs which will become zero or very minimal if company is able to make its process, polices, tool and systems to perfect. When we think from profit point of view cost of poor quality can be so much for the company that it can lead the product growth from 100% to 0%, yes, that is the cost. Poor quality of any product or services which company make, can lead to everlasting negative brand image in the bind of customers and next time when customer will go to purchase the product, he/she will think many times before buying.

Cost of poor quality plays a important role in the company wide assessment of quality. When company assess overall quality of company, than the main focus is always on ensuring how company can reduce the cost, what steps they can take from their side to ensure wastage is less. So following "cost of poor quality" helps the company to ensure they dream of perfectness in all the element of production so to ensure cost can be minimized to zero

keosha answered 2 years ago

What role does quality assurance play in Lean Operations?

1.What role does quality play in the IT project methodology?

1.What role does quality play in the IT project methodology?2.The text discusses a number of quality gurus. Choose one of these individuals and describe the cultural environment in which he developed his contribution and then explain the significance of their contribution to IT project quality management.3.The Capacity Maturity Model Integration (CMMI)/ posits five levels of organizational maturity that are a function of the nature of their processes. Describe how processes mature from the lowest to the highest level.4.Compare and contrast...

How does anaerobic metabolism play a role in poor oral health?

write a half page essay on what role does discrimination play in determining who is poor...

write a half page essay on what role does discrimination play in determining who is poor and the extent of poverty?

How does it feel to be poor? What is the role of the working poor in...

How does it feel to be poor? What is the role of the working poor in society? How do the working poor contribute to the economics of a society? How do the working poor survive? NICKEL AND DIMED. CHOOSE ONE PERSON IN THE BOOK THAT EHRENREICH MET AND DESCRIBING THEIR LIFE, THEIR ECONOMIC ISSUES, HOW THEY LIVE, AND HOW YOU, AS A SOCIAL WORKER COULD HELP THEM. HOW DOES YOUR CHARACTER FIT WITH THE MCINTYRE ARTICLE? WHAT SORT OF COMMUNITY...

What role does accountability play in ensuring the consistentdelivery of quality care? What are some...

What role does accountability play in ensuring the consistent delivery of quality care? What are some of the hallmarks of a culture built on this concept? List a few tactics that create such a culture.This is for a health care advocacy class

Does social media play a role in advertising? If so, what role does it play?

what role does consumption play in shaping your sense of self? what role does it play...

what role does consumption play in shaping your sense of self? what role does it play in our society?

Define software quality management and software quality. How does a quality assurance team play a role...

Define software quality management and software quality. How does a quality assurance team play a role in this? what does the quality assurance testing process involve?

Q1. What role does the accounting department play (or what role should it play) in the...

Q1. What role does the accounting department play (or what role should it play) in the budgeting process? In the end, who is ultimately responsible for the budget, anyway? Instead of the president of the company, would it be more effective if the budgeting committee as a whole was responsible for the budget? Q2. Who should represent the various departments in the budget committee? What are the roles of these individuals?

Question