Explain with real-life examples, the benefits received from having the system of cost of quality in your organization. Then prepare a SWOT analysis in a tabular form considering a real-life situation related to your organization.
Write an example for each of the four categories: prevention, appraisal, internal, and external failure costs. Write five bullet points for each of the four components of SWOT in tabular form. Write the situations, examples, and benefits that you may have observed (in the past). Keep your answer specific, not too short, not too long. Reference may be made to the class notes. Do not just copy. Originality is expected.