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Economic and Financial Mechanism of Quality Management in Organization


K.M. Gumbatov
[email protected]
candidate for PhD, St. Petersburg State University of Aerospace Engineering
St. Petersburg

Keywords: economic and financial mechanism of quality management economic value added quality management methods effects of quality management methods
We consider the economic financial mechanism of quality management in organizations and reveal the effects of quality management methods as well as economic and financial indicators. A model of selecting quality management methods determining the quality strategy based on the criterion of economic value added is suggested.