BNET Business Dictionary

Business Definition for: Acceptable Quality Level

  • the level at which an output of manufactured components is considered to be of satisfactory quality. Acceptable quality level is usually expressed with the number of defective items shown as a proportion of the total output. Today, owing to a general increase in competitive pressure, the only acceptable quality level is zero defects, so the term is rarely used.

Additional Resources

Building a Data Quality Scorecard for Operational Data Governance
" Operational data governance is the manifestation of the processes and protocols necessary to ensure that an acceptable level of confidence in the data effectively satisfies the organization's business needs. In this white paper, David Loshin from Knowledge Integrity examines how a data governance program defines the roles, responsibilities, and...
Tags: Data Quality, DataFlux Corp., Databases, Enterprise Software, Software, Data Management
White papers 2008-10-09
ISO 9000 In A Nutshell
The purpose of this article is to clear away some of the confusion about what ISO 9000 is and whether or not it is worth the time and effort, by providing a listing of the generally agreed-upon benefits of ISO registration as well as a summary of the general...
Tags: ISO 9000, Iso standards, Tqm/Six Sigma/ISO 9000, Process Improvement, Quality, Business Operations, It Operations
White papers 2003-01-01
Quality assurance checklist for outsourced projects
You need some level of involvement in an outsourced project to validate that the outsourcer will deliver within your expectations. This checklist will help you monitor the progress of the project to ensure all commitments are met. Understanding all the responsibilities that accompany an outsourced project can...
Tags: Project, QA, Outsource, Outsourced Project, Outsourcing, It Operations, Business Operations, Outsourcing & Subcontracting
Tools & templates 2005-07-11
Aldi Boosting Reputation with Refurished Private Labels
Aldi is reconfiguring its private label line up, streamlining the number of the own brands it operates to boost their reputation and the reputation of the store. And it’s doing so just in time to open its 1,000th U.S. Aldi store, which debuted two days ago in...
Tags: U.S., Brand, Aldi, Fit & Active, Branding, Marketing, Mike Duff
Blog posts 2009-03-25
Wikipedia to Add New Level of Editorial Oversight
Wikipedia is one of the most prominent cases for world collaboration and social media in action. Unlike the standard encyclopedia, often written by experts and sourced from the same, Wikipedia articles are entirely community-built, often without restrictions. If you can create an account, you can write and edit Wikipedia articles....
Tags: Wikipedia
News items 2009-08-25
UAL Corporation Q3 2007 Earnings Call Transcript
Question-and-Answer Session Operator Thank you very much, sir. First, we will take questions from the analyst community, then we will take questions from the media. The question-and-answer session will be conducted electronically. [Operator Instructions]. Our first question comes from the line of Frank Boroch of Bear Stearns. Please...
Tags: UAL Corp.
Earnings calls 2007-10-24
Improving Customer Service on the Phone
A customer's first contact with an organization is often by telephone. That's why it's helpful to periodically evaluate how your organization receives and manages phone contact and identify opportunities to improve the quality and accuracy of communications.What You Need to KnowInteractive Voice Response IVR and similar services appear impersonal. Isn't...
Tags: customer service, telephone, Interactive Voice Response (IVR), telecommunications
Articles 2007-05-08
Analyzing Borrowing Costs and Capitalization
When a company borrows money, there are essentially two costs involved: the issuance expenses, which are fees charged to issue the loan, and the interest payments on the debt. If interest is added to the principle balance of the loan—rather than paid off—it's known as capitalization.Interest rates are usually based...
Tags: Security, Bond, Debt, Investment, Asset Management, Finance, Operational Planning, Business Operations, Cost, Quality, Difference, BNET Editorial
Articles 2007-12-12
Countrywide Financial Q2 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from the line of Paul Miller from Friedman, Billings, Ramsey. Please go ahead. Paul Miller - Friedman, Billings, Ramsey Thank you very much. Angelo, you've been through a lot of these different cycles out there and this doesn't seems to be...
Tags: Countrywide Financial Corp.
Earnings calls 2007-07-24
Understanding and Developing Emotional Intelligence
Although Daniel Goleman popularized the concept of Emotional Intelligence EI with the publication of his book in 1995, its origins can be traced to two researchers: John D. Mayer of the Department of Psychology at the University of New Hampshire and Peter Salovey, of the Department of Psychology at Yale...
Tags: Emotion, Emotional Intelligence, Leadership, Tools & Techniques, Management, BNET Editorial
Articles 2007-11-14
Polycom Inc. Q3 2007 Earnings Call Transcript
Question-and-Answer Session Operator Yes, thank you. [Operator Instruction]. Our first question comes from the line of John Anthony from Cowen & Company. Please proceed with your question. John Anthony - Cowen & Company Good afternoon, guys. Couple of question, but before we get started did...
Tags: Polycom Inc.
Earnings calls 2007-10-18
Synovus Financial Corp. Q3 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you, ladies and gentlemen. The floor is now opened for questions. [Operator Instructions]. Our first question comes from Nancy Bush. Your line is live. Nancy Bush - NAB Research Good afternoon guys. Richard E. Anthony - Chairman of the Board and Chief...
Tags: Synovus Financial Corp.
Earnings calls 2007-10-28
People's United Financial Inc. Q3 2007 Earnings Call Transcript
Question-and-Answer SessionOperator [Operator Instructions]. And your first question comes from the line of Mark Fitzgibbon. Please proceed. Mark Fitzgibbon - Sandler O'Neill & Partners Good morning, fellows, or good afternoon, fellows. First question I had is on credit. First off, you had one large commercial...
Tags: People's United Financial Inc.
Earnings calls 2007-10-20
MDC Holdings, Inc. Q3 2007 Earnings Call Transcripts
Question-and-Answer SessionOperator [Operator instructions]. Our first question comes from Michael Rehaut of J.P. Morgan. Michael Rehaut - J.P. Morgan Hi, thanks. Good morning. Larry A. Mizel - Chairman and Chief Executive Officer Hi, Mike. Michael Rehaut - J.P. Morgan First question relates...
Tags: M.D.C. Holdings Inc.
Earnings calls 2007-10-25
Centralizing Retailer and Distributor Marketing Programs
As with any marketing campaign, consistency is key when you are implementing marketing programs with your retailers or distributors. Managing these programs centrally helps ensure consistency and efficient use of funds, so that you communicate your message—and your brand—as strongly as possible.What You Need to KnowWhy can't local outlets develop...
Tags: marketing, advertising, retailer, distributor
Articles 2007-05-01
University Elitism: Is the US Model Fairer?
Job fears have been credited this year with a surge in university applications. Yet the UK is making "limited progress" in making higher education accessible enough to poorer students. "A university education remains the gateway to the professions and a ticket to higher lifetime earnings on average,"...
Tags: Education, University, U.K., A-level, Cary Cooper
Blog posts 2009-07-27
Insurance Institute Releases Minicar Roof Strength Test, Lauds Smart Fortwo as Best
Date posted: 2009-08-20 08:17:00.0 ARLINGTON, Virginia — The Insurance Institute for Highway Safety has released roof strength test results for minicars. In the rollover crash testing, the Smart Fortwo was ranked "good," the highest rating, while the Chevrolet Aveo got the lowest score at "marginal." The Honda Fit, Hyundai Accent,...
Tags: vehicle, Chevrolet, strength, Rollover
News items 2009-08-20
LiveBlogging from HCOMP 2009
I am now attending HCOMP2009 , the workshop on Human Computation that I previously advertised in this blog . Overall, the workshop was well-attended with more than 40 people in the audience, pretty much filling the room. Below you can find the notes that I was keeping...
Tags: game, Workshop
News items 2009-11-05
Understanding Pricing Issues
In an era of increasing globalization, the costs of labor, transportation, and materials constantly fluctuate. This presents a problem because it creates new complexities and encourages new competition. This also presents an opportunity because those complexities challenge your organization to re-evaluate its pricing process regularly. Doing this will help you...
Tags: pricing decision, globalization, transportation, Process Management, downsizing, inflation, supply chain, tool, income, outsourcing, strategy, benefit, BNET Editorial, Marketing, Pricing, Re-engineering, Marketing Research, Senior Management, Pricing Strategy, Price, Product
Articles 2007-10-02
5 Questions on Job Satisfaction
Some people are never happy --- more work and income than they can poke a stick at and still they grumble and complain. Others scrape to make a living, yet whistle away and smile all the time. How does that work? Well, it's either...
Tags: Online Communications, Handhelds, Recruitment & Selection, Operational Accounting, E-mail, Satisfaction, Job, Finance, Human Resources, Workforce Management, Hardware, Robert Gerrish
Blog posts 2008-06-25
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