Which of the following statements about quality costs is true?
A) Even in theory, external failure costs can never be reduced to zero.
B) The less a company spends on prevention costs, the less they will have to spend on internal failure costs in the future.
C) If a company produces and sells a defective product, external failure costs are likely to exceed all the other types of quality costs.
D) A low level of internal failure costs usually indicates that more attention needs to be paid to prevention and appraisal costs.
C
You might also like to view...
Most research evidence shows that self-assessments tend to ______ the individual’s ability to do a job.
A. underrepresent B. accurately represent C. underestimate D. overestimate
In the context of global competition, which of the following countries had adopted new techniques that focused on improving the quality of products as early as the 1970s?
A. India B. Russia C. China D. Japan
Dissolution of a partnership takes place, unless otherwise provided for by contract, in the following instances except:
a. bankruptcy of a partner b. withdrawal of a partner c. change in financial condition of a partner d. death of a partner e. all of the other choices would require dissolution
Which of the following is not one of the key drivers of manufacturing competitiveness in a global market defined by uncertainty, change, and complexity according to the Deloitte & Touche report?
A. facing the realities of globalization B. highly skilled workers C. health care system D. local market attractiveness