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Quality Important for Business

[Summary]Why Is It Important for Businesses to Practice Quality Control? | Chron.com Compliance with recognized quality standards may be essential for doing business with certain groups of customers. If you are part of a supply chain, for example, the lead ma

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Why Is It Important for Businesses to Practice Quality Control? | Chron.com

Compliance with recognized quality standards may be essential for doing business with certain groups of customers. If you are part of a supply chain, for example, the lead manufacturer may impose consistent quality standards on all members of the chain. Some customers aim to reduce or eliminate the cost of inspecting incoming components or materials by insisting that their suppliers implement the same quality system. If you operate in a regulated sector, such as chemicals or food, you may have to comply with industry quality standards.

Why Quality Management Is Important

Quality management has become an essential part of all businesses. No matter what type of industry you call your executive home, this topic is sure to be on the forefront of all business processes you implement.

Quality management is the process of controlling, ensuring, and improving quality; both in business operations and productivity. If customers are satisfied, chances are they feel they are receiving high-quality products that are constantly improved upon in order to keep up with the ever-changing times.

Q&A

Quality helps determine a firm’s success in a number of ways:

• Customer loyalty – they return, make repeat purchases and recommend the product or service to others.
• Strong brand reputation for quality
• Retailers want to stock the product
• As the product is perceived to be better value for money, it may command a premium price and will become more price inelastic
• Fewer returns and replacements lead to reduced costs
• Attracting and retaining good staff

Why is the quality of a product very important?

According to the Houston Chronicle, the quality of a product is important for maintaining high customer satisfaction and loyalty. Providing quality products also helps businesses build positive...

Is Quality Control Important for Your Business?

Quality control is a process within an organization designed to ensure a set level of quality for the products or services offered by a company. This control includes the actions necessary to verify and control the quality output of products and services. The overall goal of quality control includes meeting the customer’s requirements, product satisfaction, fiscally sound, and dependable output. Most companies provide a service or a product. The control is important to determine that the output being provided is of overall top quality. Quality is important to companies for liability purposes, name recognition or branding, and maintaining a position against the competition in the marketplace.

Quality

Customers want quality that is appropriate to the price that they are prepared to pay and the level of competition in the market.

Key aspects of quality for the customer include:

Good design – looks and style

Good functionality – it does the job well

Reliable – acceptable level of breakdowns or failure

What is Quality and Why Is It Important?

What Is Quality and Why Is It Important?

What Is Quality?

Quality, According to the Institute of Medicine (1990), is the degree to which health services for individuals and populations increase the likelihood of desired health outcomes and are consistent with current professional knowledge.

Quality can be reflected in a variety of program aspects such as:

The Importance of Product Quality :: Business Management Quality Control

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Why is Quality Customer Service Important to Your Organization?

Quality Important for Business

Despite the ever changing dynamics of the business world, customer service is, and will always be, the key to success in business.

What Makes a Quality Management System Plan So Important?

Why does your business need a quality management plan for TQM? Total Quality Management needs a plan for the same reasons that everything - from D-Day to doing Saturday afternoon chores - needs a plan to…

Why is quality important for a business?

Extracts from this document...

Introduction

Why is quality important for a business? The quality of the product that is being made is very important to a company what ever they are making. The higher the quality if a product the more the company can charge for that product. If the company makes a low quality produced that is not very good people will not buy it, also if people can find a similar product at a lower price and higher quality they will buy that. When a business makes a product they must decide on the following things: � what is the lowest level of quality that is acceptable for the product? � who is responsible for the quality control � a method of quality control that will be used that dose not effect the cost to severally What is the BSI? The BSI (British Standards Insatiate) is responsible for setting standards that products must be made to. They set standards for very product that is made, this means that products are made to a high standard. When a product complies with the BSI standards it is given a kite mark, this tells the consumer that product meets their standards. Methods of quality control Methods of quality control Traditional TMQ (Total quality management) Description In this method of quality control, the quality is checked at the end of chain of production. In this method it left to one person to check the product. Also in this method the workers on a piece rate so they got paid for what they made. ...read more.

why is quality important?

Quality Important for Business

How Can TQM Make Your Business More Successful?

Why should you implement a Total Quality Management (TQM) program to achieve quality assurance? There is one simple answer; when properly planned and implemented TQM will provide substantive financial benefits to your business and add to the bottom line. Let’s consider just two examples of how using Total Quality Management can help your business.

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