external failure costs

external failure costs

Accounting dictionary. 2014.

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  • external failure costs — See cost of quality See also environmental costs …   Big dictionary of business and management

  • Costs (English law) — Costs is a term of art in civil litigation in English law (the law of England and Wales), and in other Commonwealth jurisdictions. After judgment has been given, the judge has the power to order who will pay the lawyers fees and other… …   Wikipedia

  • Quality costs — The concept of quality costs is a means to quantify the total cost of quality related efforts and deficiencies. It was first described by Armand V. Feigenbaum in a 1956 Harvard Business Review article.[1] Prior to its introduction, the general… …   Wikipedia

  • environmental costs — The costs of making sure that a company s activities do not damage the environment or that any such damage is put right. There are many types of environmental costs and these are often difficult to identify as they are hidden in overheads.… …   Accounting dictionary

  • environmental costs — The costs of making sure that a company s activities do not damage the environment or that any such damage is put right. There are many types of environmental costs and these are often difficult to identify as they are hidden in overheads… …   Big dictionary of business and management

  • Market failure — is a concept within economic theory wherein the allocation of goods and services by a free market is not efficient. That is, there exists another conceivable outcome where a market participant may be made better off without making someone else… …   Wikipedia

  • Heart failure — Classification and external resources The major signs and symptoms of heart failure. ICD 10 I5 …   Wikipedia

  • Government failure — (or non market failure) is the public sector analogy to market failure and occurs when a government intervention causes a more inefficient allocation of goods and resources than would occur without that intervention. Likewise, the government s… …   Wikipedia

  • Space Shuttle external tank — A Space Shuttle External Tank (ET) is the component of the Space Shuttle launch vehicle that contains the liquid hydrogen fuel and liquid oxygen oxidizer. During lift off and ascent it supplies the fuel and oxidizer under pressure to the three… …   Wikipedia

  • cost of quality — The total costs of ensuring good quality or rectifying poor quality. Ultimately, by improving quality managers will reduce costs and improve profits. Four categories of costs are useful for this analysis: • prevention costs. These are the costs… …   Accounting dictionary

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