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- Quality in business refers to how well a product or service meets or exceeds the expectations of customers123. Quality is a subjective and perceptual attribute that depends on what customers expect13. Quality also involves producing a product or service that conforms the first time, in the right quantity, and at the right time, without any excess or deficiency2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Quality in business In business, manufacturing, and engineering, the term has a pragmatic interpretation as the superiority or non-inferiority of something. It also refers to a product as ‘fit for purpose,’ while at the same time satisfying consumer expectations. Quality is mostly a subjective and perceptual attribute.marketbusinessnews.com/financial-glossary/quality/Quality in business consists of producing a good or service that conforms the first time, in the right quantity, and at the right time. A compliant product is a product that does not meet, neither more (excess quality) nor less (non-quality), the customer’s requirements.collectionperformance.com/quality-in-business-con…Quality is concerned with how well a product performs, or the standard to which a service is provided. This will depend upon what customers expect, which means that quality can be very subjective. If a product or service is of good quality, it generally means that it is of a high standard.www.bbc.co.uk/bitesize/guides/zj37jhv/revision/1
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