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Define the term Quality Control in management.
Quality Control:
Control is a system for checking and measuring (inspecting) a phenomenon. This suggests while to inspect, how frequently to inspect and how much to inspect. Moreover, this incorporates a feedback mechanism that explores the causes of poor quality and acquires corrective action. A quality control system performs testing, analysis and inspection to conclude whether the quality of each product is as per laid down quality standards or may not. This is termed as statistical quality control while statistical techniques are employed to control quality or to resolve quality control problems.
Managers are directly responsible for the success or failure of any organisation. Their main responsibility is to assist the organisation to achieve its objectives in an efficient
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QUESTION a) Differentiate between the following key terms used in any e-banking security system: (i) Authentication v/s Authorisation (ii) Data Confidentiality v/s Data I
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define placement and its importance
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