Value Based Quality Budgeting Model (Excellence Model for IT Industry)
Keywords:
Quality, Budgeting, Values, Value Based Quality BudgetingAbstract
Quality has emerged as the most important factor that distinguishes a product from its mere utility value to brand that gives competitive edge over rival products. The fundamental idea here is to understand the value of quality in any product/service the IT industry provides. Researching this, the author has extruded the ‘Value-Based Quality Budgeting Model’. Cycle tier from financial management perspective.
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References
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Stern, Erick, The Value Mindset: Returning to the First Principles of Capitalist Enterprise (Hoboken: New Jersey, 2004).
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