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2.06
| Term | Definition |
|---|---|
| cost standards | establish specifics used in measuring goods and product pirce |
| grades | ratings assigned to product about their standerds |
| ISO 9000 | a set quality of standards used everywhere |
| quality standards | minimum quality for product |
| quantity standards | amount need to be produce |
| quotas | goals to be meet |
| standards | statements that are use for a product |
| time standerds | amount of time you have to complete a product |
| trade association | people all in the same industry |
| customer loyalty | a customer's preference for a business |
| express warranty | a warrant expressed verbally |
| factory-approved service canter | business selected by company for repairs |
| full warranty | covers all the product |
| guarantee | promise made by company for a product or service |
| implied warranty | an unwritten unspokened warranty |
| limited warranty | does not cover the whole product |
| magnuson-moss warranty act | a law providing outline for warrantys |
| malfuction | a failure yo preform service |
| recourse | on you can go to for help |
| warrantor | a person who makes and offers the warranty |
| warranty | promise made by sell to fix the product if broken |
| provision | a claus in a legal document to describe requirements |
| product | a good or service sold |