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Quality Costs Links To Business Cost

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  • ANA-MARIA STÃNCIUC

Abstract

The purpose of this study is to investigate the extent to which Romanian manufacturing companies implement a cost of quality system, the motivation to implement it, and to identify the objectives behind Quality costs measuring and reporting. Also it provides a fundamental introduction to Cost of Quality concepts in addition to understand how this measurement methodology links to business costs. It is a helpful overview of an approach to maximize value and bottom-line impact. Companies can lose money because they fail to use significant opportunities to reduce their costs of quality.

Suggested Citation

  • Ana-Maria Stãƒnciuc, 2012. "Quality Costs Links To Business Cost," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 6(1), pages 538-543, November.
    • Handle: RePEc:rom:mancon:v:6:y:2012:i:1:p:538-543
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    References listed on IDEAS

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    1. Christopher D. Ittner, 1996. "Exploratory Evidence on the Behavior of Quality Costs," Operations Research, INFORMS, vol. 44(1), pages 114-130, February.
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