Prevention costs refer to the expenses incurred to avert defects and ensure quality in products or services. These costs are proactive measures, including training, process improvements, and quality planning, aimed at minimizing the occurrence of errors. By investing in prevention costs, organizations aim to reduce the need for corrective actions and enhance overall efficiency. Prevention costs are a crucial component of quality management strategies.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.
