The lost profits from lost customers are an example of what type of cost?
A)Prevention costs
B)Internal failure costs
C)External failure costs
D)Appraisal costs

Question

Quizplus · Accepted Answer

The lost profits from lost customers are an example of external failure costs, which are costs incurred due to a product or service failing to meet customer requirements and resulting in lost business, customer dissatisfaction, or complaints.

The Lost Profits from Lost Customers Are an Example of What