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Reasons for quality improvement
The Quality Improvement helps the organisation to continuously improve the quality of the product or the service. The quality improvement can be used for the following reasons:
Almost all the products or the services are subject to competition from any place in the world. Often, the global competitors have an advantage in the price because of the local labour costs. The quality improvement can make the products more competitive in the face of low-cost labour markets.
General Components Ltd produces a component ‘X', the selling price of which is Rs 50. The unit cost structure based on the present level of production/sales of 100 000 units
Ordinal Numbers: These are used not for the purpose of counting but ordering and mechanising the arrangement of things. For example, participants in a conference can be liste
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Meaning of Classification: Systematic grouping of entities (both abstract and concrete) to meet one's requirement is known as classification. Classification lies at the root o
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