This article throws light upon the top two methods of quality control. The methods are: 1. Inspection 2. Statistical Quality Control (SQC). Method # 1. Inspection: Inspection means checking the product through visual or testing examination, at the input stage, transformation stage or output stage, against standards. The task of carrying out inspection is inspection function and the people who [...]
After reading this article you will learn about the benefits and limitations of budgeting. Benefits of Budgeting: Budgeting assists managers at all levels in carrying out planned activities. It has the following benefits: (a) Standards of performance: Budgets provide standards of performance for various periods and sub-periods, Actual performance can be compared against standards at frequent time intervals and timely [...]
After reading this article you will learn about:- 1. Concept of Quality Circles (QC) 2. Objectives of Quality Circles 3. Merits 4. Factors. Concept of Quality Circles (QC): The concept of quality control originated in the U.S. and was taken to Japan by W. Edwards Deming who marked the beginning of revolution in quality control. As quality control awareness increased [...]