Bodegrande National Quality Project Economic Evaluation

Author: U.S. National Institute of Standards and Technology Preparedness Planning and Economic Analysis Team, Project Office, translated by Tang Wanjin et al.
Publisher:
Publish Date: 2006-02-01
Features: This book is an economic evaluation report on the Baldrige National Quality Program. In this evaluation report, the following aspects of analysis and assessment are conducted: The private net benefits obtained by private public institutions in the American Society for Quality from the Baldrige National Quality Program can be conservatively estimated at $2.17 billion (in constant 2000 dollars). The largest social net benefits of the Baldrige National Quality Program can be conservatively estimated at $24.65 billion (in constant 2000 dollars). During the implementation of the Baldrige National Quality Program, the ratio of total economic net benefits to social costs can be conservatively estimated at 207:1.

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