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Explain External Failure Costs and list its examples.

      

Explain External Failure Costs and list its examples.

  

Answers


Ruth
External Failure costs refers to the costs incurred when the product fails to perform satisfactorily after being transferred to
the customer. They include;
- Compliant costs
- Loss of goodwill
- Warranty charges
- Liability costs
- Cost of returned, replacement or allowances
NatalieR answered the question on May 9, 2022 at 09:38


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