Which of the following costs relate to warranty repairs,product liability costs,marketing costs,and lost sales?

Question

Quizplus · Accepted Answer

Warranty repairs, product liability costs, marketing costs, and lost sales are all examples of external failure costs, which are costs incurred as a result of defects or other product failures that are discovered by customers after the product has been sold. These costs can include expenses related to recalls, legal fees, repairs or replacements, and damage to brand reputation.

Which of the Following Costs Relate to Warranty Repairs,product Liability