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 🌟