ENTREPRENEURIAL OPERATIONS
QUALITY CONTROL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What happens when a business produces faulty goods?
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It increases costs
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It increases costs and damages the reputation of the firm
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It is an example of Total Quality Management
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None of the above
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Explanation:
Detailed explanation-1: -Producing faulty goods incurs repair costs and damages the reputation of the firm.
Detailed explanation-2: -The consequences of poor quality include: loss of business, liability, productivity, and costs.
Detailed explanation-3: -Increased risk of security breaches If you don’t have QA processes in place, meaning you don’t test your products as a part of their development process, you face a huge risk of cybersecurity breaches, which in turn may lead to huge reputational damage and potential loss of money if a cyberattack ever occurs.
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