Comment critically on the following statements that you have overheard: (a) Achieving quality involves additional costs. If
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Comment critically on the following statements that you have overheard:
(a) ‘Achieving quality involves additional costs. If you want to improve the quality of products manufactured you have to increase total costs.’
(b) ‘TQM and kaizen costing have striking similarities in their philosophy and approach.’
(c) ‘Target costing is more relevant for manufacturing businesses than for service businesses.’
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