OC in Business Word Meaning
The OC meaning in Business Word terms is "Quality Control". There are 2 related meanings of the OC Business Word abbreviation.
OC on Business Word Full Forms
- Quality Control Quality control is a procedure or set of procedures intended to ensure that a manufactured product or performed service adheres to a defined set of quality criteria or meets the requirements of the client or customer. QC is similar to, but not identical with, quality assurance (QA). QA is defined as a procedure or set of procedures intended to ensure that a product or service under development (before work is complete, as opposed to afterwards) meets specified requirements. QA is sometimes expressed together with QC as a single expression, quality assurance and control (QA/QC). The operational techniques and activities that are used to fulfill requirements of quality.
- Opportunity Cost Opportunity cost is the cost of choosing or not choosing one investment plan or an operation over another.
Frequently Asked Questions (FAQ)
What does OC stand for Business Word?
OC stands for Opportunity Cost in Business Word terms.
What is the shortened form of Opportunity Cost in Business Word?
The short form of "Opportunity Cost" is OC for Business Word.
Citation
OC in Business Word. Acronym24.com. (2022, March 27). Retrieved May 13, 2024 from https://acronym24.com/oc-meaning-in-business-word/
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