Soft costs

From CNM Wiki
Revision as of 08:56, 7 June 2020 by Kevmwangi (talk | contribs) (Created page with "Soft costs are savings that result in increased organizational slack, but not actual cost savings. ==Definition== According to [[Managing Quality by Foster (6th edition)]...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Soft costs are savings that result in increased organizational slack, but not actual cost savings.

Definition

According to Managing Quality by Foster (6th edition),

Soft costs. Savings that result in increased organizational slack, but not actual cost savings.