Find the right balance of cost

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Reference no: EM133464509

Assignment:

Balancing Cost and Quality is often listed under the category of Trade-Off Analysis in most companies. Increasingly, companies and individuals are faced with some difficult decisions when trying to find the right balance of cost and quality that will satisfy both business and customer needs and requirements. Identify and discuss two current challenges companies face in your industry in balancing cost vs. quality.

Reference no: EM133464509

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