Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1) identify and describe briefly two objectives for each of four quality cost prespectives(prevention cost,appraisal cost,internal faliure costs and external failure costs) 2) identify and
1) identify and describe briefly two objectives for each of four quality cost prespectives(prevention cost,appraisal cost,internal faliure costs and external failure costs)
Objectives Performance measures Prevention Appropriate hiring practices Training on quality processes Tome to complete transactions, Error rates Keep ATMs in good working order (Hardware /software) Regular servicing and maintenance of ATMs Risk management (Problem loans, capital adequacy) Comply with laws and regulations Appraisal Review / audit procedures/documents Prevent banking systems and equipment faults (hacking) Interruptions / errors Secret customers' reports Hiring secret customers Prevent fraudulent activities Internal failure Conformance to promises Deviation Costs of rework Speed, courtesy, timeliness, External failure Minimise customer complaints Improve complaint handling procedures 2) identify and describe briefly two potential performence measure for each.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started