Which of the following is true about quality management systems? A. External failure costs are the...

Which of the following is true about quality management systems?

External failure costs are the easiest quality costs to measure.

Businesses should invest upfront in prevention and appraisal costs.

Quality management systems only use financial measures to assess success or failure.

Prevention, appraisal and internal costs are not considered in the cost of products.

Solutions

Expert Solution

Qulity Management Cost: This is a cost which is incurred for preventing and manintaining the quality of Product.Quality management cost never be the more than revenue.

Quality management system not measure the financial measure but it can be measures other factors also, like cshift of consumer if he is not satisfied with quality of product and loss of the market shares also.

So , As per the above,

Answer = Option A = External failure costs are the easiest quality costs to measure.

ekkarill92 answered 1 year ago

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