Total Quality Management and Business Excellence - Essay Example

The companies like BMW, Audi, and Ford, have established a reputation because their products are of high quality.

The customer trusts their product because they have been able to maintain their quality at different financial position3Safety remains an essential aspect in engineering. A company trying to cut its production cost while comprising the safety of the user is a huge mistake, especially an automobile company. The life of the driver of a vehicle is dependent on the efficiency of the vehicle when the safety of the driver is not put into consideration while manufacturing the car, and it exposes the driver to any risk.

Competing in a market where profit is incurred in cost reduction has resulted in companies like GM not recalling faulty cars to protect their market share from dropping. This method should not be the best when the business products involve human safety. There should be a measure that controls businesses operating a product that is a risk to human beings. The business that is leaving the market due to financial loss that leads them to bankruptcy is a question that has no answer. Many of these instances occur due to poor management.

The business has failed in providing quality products. This obligation is neglected in search of financial gain.