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Q1) Write and explain 5 traits which can distinguish a customer which is relatively inexpensive to service from the customer whihc is relatively expensive to service. Write and explain 5 actions firm can take if customer appears to be unprofitable. Let the following quality cost report:
Q1 Q2 Q3 Q4Prevention costs $510 $754 $650 $570Appraisal costs $440 $455 $383 $266Internal failure costs $355 $318 $236 $179External failure costs $735 $632 $336 $256Total quality costs $2,040 $2,159 $1,605 $1,271Total revenues $8,240 $9,080 $9,300 $9,020
Do you believe this firm’s quality initiatives have been successful? Make sure to give explanation for your opinion with specific information.
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