Quality control is necessary to ensure that all products sold to customers are of the highest possible quality, according to Six Sigma Online from the Aveta Business Institute. During quality inspections, workers check for malfunctions, discolorations, potential hazards and other defects that can compromise the quality of the merchandise.Know More
Quality control is important because business owners must ensure they manufacture products that customers want to buy over and over again. The goal of a quality control system is to ensure that each product meets or exceeds a specific standard. A quality control system can also help business owners identify weaknesses in products and come up with solutions for improving them.
Some companies hire outside agencies to perform quality control checks, while others designate staff members to perform this task. Some small business owners choose to perform quality control inspections themselves to regularly compare their products to similar ones in the marketplace. In service-based industries, quality control is generally performed using customer surveys. Getting feedback directly from customers is a cost-effective way to get up-to-date feedback on various aspects of a company from a customer's viewpoint. This type of quality control also gives customers the perception that they are valuable to a business.Learn More
The number of people needed to meet a quorum at an AGM varies depending on the organization, but a good guide is to ensure that at least half the members are present. The purpose of a quorum is to make sure that there is a consensus among members for the future of the organization. The minimum number of members needed for a quorum is typically stated in an organization's constitution.Full Answer >
Organizational strategy refers to the actions and benchmarks a company puts in place to ensure that long-term goals are achieved. These plans list the necessary steps in a sequence that must be completed in order to make an idea into a reality. This process requires extreme oversight into every aspect of corporate operations and a grasp of the company's main audiences.Full Answer >
A business mission statement first defines what the business does for its customers, then what it does for its employees and owners. Some mission statements also include what the business does to improve the community and the world. The mission statement should define the company's goals, values and culture.Full Answer >
Stock control is important because it prevents retailers from running out of products, according to the Houston Chronicle. Stock control also helps retailers keep track of goods that may have been lost or stolen.Full Answer >