Topic Seven, Part 4 - Internal and External Quality Standards Flashcards

1
Q

What is Quality?

A

The design and reliability of the product

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2
Q

What does it mean by Being fit for Purpose?

A

ensuring the product is safe, reliable and durable

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3
Q

What does it mean by Satisfying Legislation?

A

law is passed which sets the standard for certain products

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4
Q

What does it mean by Quality Control?

A

The process of a business reviewing the quality of the production process

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5
Q

What does it mean by Quality Assurance?

A

Concerned with how a business sets out its procedures to assure the right quality

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6
Q

Why is Quality Important?

A
  • globalisation means more competition
  • It is a legal standard
  • Consumers complain through social media
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7
Q

What does it mean by Costs of inspection?

A
  • Time and money spent employing people to inspect

- Install procedures to improve quality

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8
Q

What does it mean by Cost of poor-quality products?

A
  • Wasted materials
  • Production losses to rectify faults
  • Damage to business reputation
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9
Q

What are the main aspects to aid quality management?

A
  • build quality into the product.
  • The standard for performance is zero defects.
  • Improved quality is free
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10
Q

What does it mean by Wastage Rates?

A

Number of rejects produced / Total number of products produced x 100

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11
Q

How does Total Quality Management (TQM) help a business?

A
  • Improve quality
  • Encourage employees to be involved
  • Seek out any inefficiencies
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12
Q

What is Benchmarking?

A

compare a business with a competitor to improve its own practices

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13
Q

What are the several stages to effective benchmarking?

A
  • Decide what to benchmark
  • Conduct an analysis on other businesses
  • compare and identify areas for improvement
  • Take action to improve
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14
Q

What is External Benchmarking?

A

where comparisons are made between businesses

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15
Q

What is internal Benchmarking

A

comparisons are made within the business

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16
Q

What is Competitive Benchmarking?

A

comparison with the best competitor

17
Q

What is Functional Benchmarking?

A

comparison to similar business practices

18
Q

What is Strategic Benchmarking?

A

comparison of aims and objectives between businesses

19
Q

What are Limitations to Benchmarking?

A
  • There is limited access to sensitive material

- Difficult to implement improvements