Definitions for quality (business)
quality (busi·ness)

WikipediaRate this definition:0.0 / 0 votes

1. Quality (business)

   In business, engineering, and manufacturing, quality – or high quality – has a pragmatic interpretation as the non-inferiority or superiority of something (goods or services); it is also defined as being suitable for the intended purpose (fitness for purpose) while satisfying customer expectations. Quality is a perceptual, conditional, and somewhat subjective attribute and may be understood differently by different people. Consumers may focus on the specification quality of a product/service, or how it compares to competitors in the marketplace. Producers might measure the conformance quality, or degree to which the product/service was produced correctly. Support personnel may measure quality in the degree that a product is reliable, maintainable, or sustainable. In such ways, the subjectivity of quality is rendered objective via operational definitions and measured with metrics such as proxy measures. In a general manner, quality in business consists of "producing a good or service that conforms [to the specification of the client] the first time, in the right quantity, and at the right time". The product or service should not be lower or higher than the specification (under or overquality). Overquality leads to unnecessary additional production costs so it should not be considered a "good" thing.

How to pronounce quality (business)?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say quality (business) in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of quality (business) in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of quality (business) in Pythagorean Numerology is: 6

Examples of quality (business) in a Sentence

1. Geoff Wilson:

   The market's shut for a period of time for anyone who thinks they can float anything, it's going to be a tough economic time, so if you're going to the market it's got to be well priced and it's got to be a good business.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Quality_(Business)