( video quiz )Each Cutco knife goes through 30 steps to ensure that it meets the firm's standards and provides a good value for a premium product. These steps help guarantee that each knife has the same degree of quality over time, which is known as .

Consistency of quality

Explanation:

Cutco is a company that produces cutlery. They pride themselves in producing high quality premium knives that stands out from other competitors in the market.

The knives they produce goes through 30 steps to ensure that the quality standards of the company are met.

These steps ensure that knives produced by Cutco consistently have premium quality.

This process of quality control guarantees a low level of defects in products of Cutco because the knives are reviewed many times and defects are eliminated each time

Why might a bank offer to make a loan to a customer at a low initial rate that will increase after a set period of time?

To make the loan look more attractive and competitive now.

When you apply for a loan, it's important to look at the terms and conditions. Just because the interest is low at the beginning, if not paid off quicker than the full term, it may go up increasing the amount being paid in interest over principle. When a bank offers a low initial interest rate, it's very attractive for a consumer who really needs to the loan to take it almost forgetting or being blind to the fact it will increase astronomically and basically even out to a set rate that's higher from the beginning.