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Cost Quality Management

Author

Listed:
  • Vitanova Gordana
  • Tatjana Spaseska

    (Faculty of Economics – Prilep, Macedonia)

Abstract

Within the contemporary economic conditions, enterprises might achieve a competitive advantage if only they sell goods and services with high quality and lower prices. Customers, usually, prefer quality goods with acceptable prices, while such goods create reputation with the particular brand. The perfect control system is necessary to achieve a high quality product, which the cost quality management is considered to be an indispensable part in. The cost quality is nevertheless created to ensure that customers’ requirements are being appropriately attained. The most important objective of quality costs controlling is to assist the management in enhancing the product’s value permanently. The superior cost quality control system helps the management to achieve other strategic objectives, such as: producing goods with acceptable costs and deliver the products to their customers in time.

Suggested Citation

  • Vitanova Gordana & Tatjana Spaseska, 2009. "Cost Quality Management," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 141-146, May.
  • Handle: RePEc:cbu:jrnlec:y:2009:v:1:p:141-146
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    More about this item

    Keywords

    enterprise; goods; clients; prices; brands; quality; cost quality control; management;

    JEL classification:

    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • M37 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Advertising

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