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 Performance Benchmarking?
In performance benchmarking, the initiator firm tries to compare its performance with the best in the industry based on any ...
What is Product Liability?
Sometimes, a faulty or defective product can be sold to the customers. The defect in the product can be dangerous ...
What is Box Plot?
One aspect of statistics is to represent data in an appropriate manner. There are different representation tools that can be ...
What are Warranty Charges?
Costs of quality are divided into three classes or categories. One of the category is related to the costs when ...
What are Enterprise Capabilities?
In order to achieve excellent quality in all the functions of an organization, the three spheres of quality (quality control, ...
What is Concept Design?
Concept design is the early phase of design process in which the functions of the product or service are outlined. ...
