Definition
Quality specifications are detailed requirements, criteria, or standards that define the characteristics, properties, or performance criteria of a product, process, or service. Quality specifications establish measurable criteria for evaluating conformance, identifying defects, and ensuring that products meet customer expectations and regulatory requirements. Quality specifications help communicate quality requirements, guide production processes, and ensure consistent product quality.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.