Costs associated with improving quality or cost of conformance is called _______
a) Cost of Good Quality
b) Cost of Poor Quality
c) Cost of Improvement
d) Cost of Planning
Answer: a
Explanation: Costs associated with improving the quality or cost of conformance is called the cost of good quality. It is a component of the cost of quality. The cost of quality can be used as a standard measure to study an organization’s performance.
More Questions on Cost of Quality
- Evaluation of field stock and spare parts fall under the category of ______
- Receiving or incoming inspections and tests fall under the category of ______
- Retrofit costs fall under the category of _______
- Quality improvement, Quality education, and Quality performance reporting fall under the category of _______
- Which of the following does not belong to External Failure Costs?
- Which of the following does not belong to Internal Failure Costs?
- Which of the following does not belong to Internal Failure Costs?
- Which of the following does not belong to Prevention Costs?
- Which of the following does not belong to Prevention Costs?
- Mathematically the cost of quality equals to _______