Why companies are stressing on Quality Managemen? -

to live longer in the market

Companies compete on Quality and service, not just on price. Quality means suitability for its intended purpose. It does not mean Gold Faucets in your bathroom.Quality also means a high level of reliability and acceptable product life expectancy. That in turn means the product will perform correctly every time and for a long time in the future. Companies that are not competitive on quality will soon fail.