Which of the following is true about quality management systems?
A)Quality management systems only use financial measures to assess success or failure.
B)External failure costs are the easiest quality costs to measure.
C)Businesses should invest upfront in prevention and appraisal costs.
D)Prevention,appraisal and internal costs are not considered in the cost of products.

Question

Quizplus · Accepted Answer

Quality management systems recognize the importance of investing in prevention and appraisal costs upfront in order to avoid higher costs associated with external failures. Therefore, businesses should prioritize investment in prevention and appraisal costs. Financial measures are not the only metrics used to assess success or failure in quality management systems, and external failure costs are not necessarily the easiest to measure. Finally, prevention, appraisal, and internal costs are all components of the cost of products and are considered in quality management systems.

Which of the Following Is True About Quality Management Systems