Quality assurance on processes is an example of hard due diligence.Select one:TrueFalse
Question
Quality assurance on processes is an example of hard due diligence.
Select one:
- True
- False
Solution
Analysis of the Statement
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Understanding Quality Assurance (QA): QA refers to the processes and measures put in place to ensure that a product or service meets a certain standard. It focuses on preventing defects and ensuring quality in procedures and processes.
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Understanding Hard Due Diligence: Hard due diligence typically involves a thorough evaluation of quantitative factors, such as financial statements, processes, compliance with regulations, and other hard data. It contrasts with soft due diligence, which might include assessing cultural fit or other qualitative factors.
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Relation Between QA and Hard Due Diligence: Since quality assurance processes often involve systematic checks, compliance audits, and data analysis, they can be classified under hard due diligence. They provide objective assessments of a company’s operational efficiency and the reliability of its products.
Final Answer
True - Quality assurance on processes is an example of hard due diligence.
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