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Which option is correct for given statements about quality assurance? Statement 1: It assures that quality requirements will fulfilled. Statement 2: Quality assurance is product oriented.

Which option is correct for given statements about quality assurance? Statement 1: It assures that quality requirements will fulfilled. Statement 2: Quality assurance is product oriented. Correct Answer T, F

Quality assurance is process oriented while quality control is product oriented. Quality assurance is a way of preventing defects and is focused on providing confidence that quality requirements needed will be fulfilled.

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Which of the following concerns best suits the following statement:”Internet banking system includes new customer requirements, account Requirements, customer management requirements, security requirements, recovery requirements etc.” ?
Consider the below statements. (i) Quality is defined as fitness for the purpose at the lowest cost (ii) Quality is a grade of the product in appearance, performance, life, reliability, taste, odour, maintainability etc (iii) Quality is the degree to which a specified product is preferred over competing products of equivalent grade, based on the comparative test by customers, normally called as customer’s preference (iv) Quality is a measure of the degree of the general excellence of the product (v) Quality may be defined as the degree of conformance to design and specifications Which of the above statements are correct?
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Statement II External failure costs are generated before the product is dispatched as a result of non-conformance to requirements.
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In the following question, two statements are numbered as A and B. On solving these statements we get quantities A and B respectively. Solve for the both quantities and choose the correct option. Quantity A: A shopkeeper marks the price of his product 20% above its cost price and sells it at a discount of 10%. If he earns a profit of Rs. 120, what is the cost price of the product? Quantity B: A product is successively sold twice earning a profit of 10% and 20% respectively. If the original cost price of the product is Rs. 1050, what is the final selling price of the product?
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The question in this set ask you to match definition to particular situations. For each question, you are given a definition and four possible answer choices. Read each definition and all four choices carefully and find the answer that provides the best example of the given definition. A Guarantee is a promise or assurance that attests to the quality of a product that is either given in writing by the manufacturer or given verbally by the person selling the product. Which situation below is the best example of a Guarantee?