THE IMPACT OF ECONOMIC RISKS ON QUALITY MANAGEMENT IN ENTERPRISES
Journal: International Scientific Journal "Internauka" (Vol.1, No. 165)Publication Date: 2024-10-31
Authors : Bozhko Nadiia; Zavolokina Yevheniia;
Page : 9-12
Keywords : quality management; quality management system; competitiveness; risks; economic risks;
Abstract
The article explores economic risks in quality management, examining their impact on the efficiency of business processes and the competitiveness of companies. It describes the main types of risks associated with the costs of implementing quality systems, non-compliance with standards, and potential losses due to failures in managing the quality of products and services. The authors analyze methods and approaches for managing these risks, including the economic justification of quality control systems, investments in personnel training, and process improvements. The article may be useful for managers and quality professionals in developing strategies to minimize economic risks and enhance overall business efficiency.
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