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BM 2 obj. 103 QM-001
| Term | Definition |
|---|---|
| appraisal cost | the cost associated with inspecting and catching defective products as quickly as possibly |
| assurance | the confidence customers have that a services provider is trustworthy and knowledgeable |
| conformance | compliances with standards |
| defective | not conforming to predetermined standards |
| durability | the measure of how long a product lasts |
| empathy | the ability to put yourself in another persons shoes |
| excellence | usefulness and good performances |
| external failure costs | the cost associated with defective products reaching customers |
| globalization | the rapid and unimpeded flow of capital labor and ideas across national borders |
| internal failure costs | the costs associated with catching defective products before they reach customers |
| methodology | a set of principles or guidelines |
| prevention costs | the costs associated with planning and implementing quality so that defection products aren't created |
| quality | the evaluation of a product based on excellence, value, conformance to specifications and customers satisfaction |
| quality assurance | a process business uses to prevent defective products from being created not just to eliminated or correct them after they already been produced |
| quality control | a process businesses use to check for defects after products have been produced also called quality inspection |
| quality improvement | a business ongoing commitment and willingness to make changes for the purpose of maintaining quality |
| quality management | the ongoing process of planning implementing and integrating quality into every aspect of an organization |
| reliability | the measure of how well a product performs its purpose without breaking down |
| responsiveness | the level of promptness and willingness with which a service is provide |
| serviceability | the measure of how easy a product is to fix and maintain |
| six sigma | a popular quality management methodology that relies on a five step approach to improve any business process |
| tangibles | in quality management refers to the environment in which a service is performed |
| value | in quality management refers to a customers opinion on whether or not the products is worth prices |