Novatech’s Post

View organization page for Novatech, graphic

9,124 followers

Quality always comes with a price. 💰 The Cost of Quality is a concept used to calculate the expenses necessary to achieve the quality standards of a company's products, including the cost of failures. It’s crucial to find the optimal balance considering various influencing factors (Cost-Benefit Analysis!) 📊  #QualityMatters #CostOfQuality #BalanceIsKey #CostBenefitAnalysis #BusinessInsights 🌟

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics