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| Name | What are External Failure Costs? |
| Video Uploader | Video From Mfon Akpan |
| Upload Date | This Video Uploaded At 30-09-2022 04:00:10 |
| Video Discription | External failure costs are those costs incurred due to product failures after they have been sold to customers. These costs include the legal fees related to customer lawsuits, the loss of future sales from dissatisfied customers, product recalls, product return costs, and warranty costs. These costs can be substantial if the result is the loss of customers - and especially when customers tend to buy a company’s products many times. Mfon Akpan is an assistant professor of accounting at Methodist University. He has a passion for emerging technologies and is an expert in metaverse technology. He researches new technologies and educational methods to offer students a current, effective, and relative teaching experience. Get Mfon Akpan’s book ‘The Hitchhiker’s Guide to Virtual Reality’ here: https://www.amazon.com/Hitchhikers-Guide-Virtual-Reality/dp/B0924WG2YH Get Mfon Akpan's NFT here: https://opensea.io/collection/what-is-an-nft-domain-name To reach Mfon Akpan you can email: info@mfonakpan.com Support this channel: Cash.me/$ProfMfonAkpan #shorts #accounting #mba #externalfailure [4Y6OMFaMDfo] |
| Category | Education |
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