Product Liability Notes: Definitions & Explanations PDF | Download eBooks
Study Product Liability lecture notes PDF with total quality management definitions and explanation to study What is Product Liability?. Study product liability explanation with TQM terms to review total quality management course for online MBA programs.
Product Liability Definitions:
Risk a manufacturer assumes when there is a chance that a consumer could be injured by the manufacturer's product is called product liability.
Managing Quality: Integrating the Supply Chain by S. Thomas Foster
Legal obligation of manufacturers and sellers to compensate for injury or damage caused by defective products is called product liability.
Introduction to Statistical Quality Control by Douglas C. Montgomery
Product Liability Notes:
Sometimes, a faulty or defective product can be sold to the customers. The defect in the product can be dangerous and can cause injuries to the user. In this case, the manufacturer of the product is liable to the customer to pay for any injuries or damage caused by the product. This concept is called product liability. Product liability is a part of law that is applied to all product manufacturing firms. Product liability allows the customers to file any legal complaint against a manufacturer who sold defective product to him/her. Examples of defects that could result in product liability are a pharmaceutical drug with inconsistent amounts of ingredients, a mobile phone that heats up quickly, a building built with low quality construction material etc.
Keep Learning with TQM Notes
What is Technology Feasibility Statement?
It is important to select the best technologies and material for a product to be manufactured with good quality and ...
What is Supplier Audit?
Supplier audit is a type of performance audit that focuses on the performance of a supplier/suppliers. The modern trend of ...
What are Natural Work Groups?
An organization deal in different products or services or with different type of customers. Sometimes organizations develop teams to work ...
What are Operating Results?
Every organization performs some core processes and operations. It is important to get efficient results from a company's operations. An ...
What is Mean Time To Failure (MTTF)?
While defining reliability, it is the chances/probability of failure of a product during its useful life. When calculating reliability, the ...
What is Cycle Time?
Cycle time is the amount of time which shows how often a product is completed in a process. Cycle time ...