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Economic and Financial Mechanism of Quality Management in Organization



K.M. Gumbatov
leonova5858@mail.ru
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.